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The decadeslong U.S. embargo against Cuba makes it harder to export goods to the communist country, even though laws have been adjusted over time.
The U.N. General Assembly called for the 31st time on the United States to end its decades-long trade embargo against Cuba as the communist-run island suffers its worst economic crisis in decades ...
The economic impact of the U.S. trade embargo on Cuba is comprehensive and impacts all sectors of the Cuban economy. [82] In its 2020 report to the United Nations, Cuba officially stated the U.S. embargo cost them $144 billion since its inception. [83] The U.S. government has had significantly higher estimates of the embargo's economic impact ...
Adding Cuba back to the list after its removal in 2015 by President Barack Obama, Trump citied the communist country's backing of Venezuelan leader Nicolas Maduro.
In 2020, the economic situation in Cuba worsened. The Cuban economy contracted by 10.9% in 2020, and by 2% in the first six months of 2021. [11] The economic crises emerged from a combination of factors, [46] [47] including reduced financial support (subsidized fuel) from Cuba's ally Venezuela, the United States embargo against Cuba and United States sanctions (tightened by the Trump ...
The government blames the U.S. embargo, which it refers to as a "blockade", imposed since the arrival of the Communist Party to power but intensified in 2021 with Cuba's addition to the State Sponsors of Terrorism list. Cuba accused the U.S. of stirring up unrest, an accusation the United States has denied. [6] [7]
A nongovernmental human rights group that monitors Cuba said there had been at least three arrests. The U.S. Embassy urged the Cuban government to respect the protests in a post on its Facebook page.
The United States has piled dozens of new sanctions on the Communist-run country since a trade embargo was put in place following Fidel Castro's 1959 revolution, most recently under former ...