‘In the national interest’: Trump extends Cuba embargo for another year
‘President Donald Trump has announced the extension of the trade embargo against Cuba for another year after rolling back much of the previous administration’s policies that reopened American investment and travel policy.
The White House issued the presidential memorandum Friday, extending the ban under the Trading with the Enemy Act on Cuba until September 14, 2018.
The memo states the embargo against the former Cold War enemy, which prevents American companies from importing goods from Cuba or exporting goods to the island nation, has been extended “in the national interest of the United States.”
The US first cut diplomatic relations with Cuba in 1961 following the socialist revolution led by late Cuban revolutionary leader Fidel Castro. In the decades that followed, Washington imposed a wide range of sanctions on the island state, banning Americans from traveling to the island nation just 90 miles south of Florida.’
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