Trump Threatens Tariffs on Countries Selling Oil to Cuba
Washington D.C. - President Donald Trump signed an executive order on Thursday, laying the groundwork for potential tariffs on goods from countries that supply oil to Cuba, according to the White House. The move intensifies pressure on the Cuban government, which the White House views as a hostile power.
The executive order declares a national emergency and establishes a process for the U.S. Secretaries of State and Commerce to assess tariffs against countries providing oil to Cuba, The Guardian reported. While the order outlines the proposed levies, specific tariff rates and targeted countries were not detailed, according to BBC Business.
Trump has repeatedly threatened action against Cuba and its communist leadership. On Tuesday, Trump stated Cuba "will be falling pretty soon," referencing the fact that Venezuela, a long-time ally, no longer sends oil or money to the country after President Nicolás Maduro was seized by U.S. forces on January 3, BBC Business reported. Previously, Venezuela was believed to be sending approximately 35,000 barrels of oil a day to Cuba.
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