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Trump to announce plan to stop cash flow to Cuban military

Trump to announce plan to stop cash flow to Cuban military”

Almost two years after President Barack Obama restored USA diplomatic relations with Cuba, President Donald Trump is poised to roll them back.

From a USA business perspective, tightening sanctions on travel and trade with Cuba makes little sense. "US companies' economic interest in investing in Cuba would also be limited", Esteban Morales, a professor at the University of Havana, told Xinhua.

The departure is the latest example of Trump taking action to undercut his predecessor's legacy.

Trump will justify his partial reversal of Obama's measures to a large extent on human rights grounds. And Trump has made repealing Obamacare, the former president's sweeping health care law, a top priority.

The Treasury Department will have 90 days to implement these changes, according to the Miami Herald, which was briefed on Trump's planned announcement scheduled for Friday.

"It has not led to greater freedom in Cuba", one official said. Two years later, the policy was loosened even further allowing for Cuban products to be treated like any other foreign products for American travelers. For more than five decades, a succession of US presidents - cowed by the right-wing Cuban community in Florida - enforced an economic embargo even though the policy increasingly isolated the USA from its neighbors in the hemisphere and its allies around the world.

The U.S. feels like it is in a new Cold War, and the Trump administration is getting a little nostalgic with its policy towards Cuba.

The Obama administration's easing of sanctions allowed approved American hospitality companies such as Starwood to, in effect, rent out rooms, upgrade facilities, hire local workers and conduct business in US dollars through American banks. "Why aren't we focusing on what benefits the Cuban people?" The Trump administration will argue that these businesses fund the oligarchy that runs the Cuban government. By the May 3 Oval Office meeting, their recommendation was in: Keep Obama's push to normalize US relations with the regime of Cuban leader Raúl Castro.

The administration will take into consideration people who have already made travel arrangements under the current rules and regulations. This could have a cooling effect on travel as it adds a potential layer of inconvenience to travelers. Trump is also likely to announce restrictions on travel between the two countries, threatening the daily flights between Florida and Havana.

Americans - 613,000 of the 4.1 million tourists visiting Cuba past year - stay disproportionately in Airbnbs, where the money goes directly to Cubans, not the regime, an average of $2,700 yearly, nine times the annual salary of $311.

The policy will maintain diplomatic relations and allow USA airlines and cruise ships to continue servicing the island. Trump's hatred of Obama is apparent.

"Trump doesn't care about human rights anywhere. It's not that he's not opposed to any deal, he's opposed to a bad deal with Cuba".

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"(Cuba) represses dissent and discourages public criticism", Human Rights Watch wrote in a blog post.

"This is one way to ensure that individuals who travel to Cuba are participating in their itinerary and not just sitting on the beach", an official said. Marco Rubio, are supporting the President. The benefits aren't just indirect: America and Cuba have reached agreements to cooperate on oil spills, human trafficking, and drug trafficking, as drug routes migrate to the Caribbean.

"We had dinner with Sen".

Trump aides said Thursday that Rubio was "very helpful" to the administration as it spent months reviewing the policy.

If Cubans and Americans don't want new barriers erected between their countries, who is President Trump trying to help?

On Thursday, he said that change is coming. Raul Castro and his closest advisers are mostly in their 80s. "These policy measures are created to lay the groundwork for that transition and empower the Cuban people to develop greater economic and political liberty".

"A good relationship with Cuba, our neighbor, is imperative for our national security", said Minnesota Republican Rep. Tom Emmer during Wednesday's conference call. Especially in Southern Florida, where Cubans make up a key voting bloc for Republicans, Trump railed on Obama for building relations with the Castros.

John Kavulich, president of the independent US-Cuba Trade and Economic Council, warned that nearly all US business in Cuba would be shut down if Trump imposed a ban on dealings with Gaesa, the economic wing of the country's military government that controls 60% of the island's economy, including state-owned hotels, restaurants, banks and gas stations.

He reiterated this point on Twitter after winning the election.

"I will seek to promote a stable, prosperous, and free country for the Cuban people".

"It's a backdoor but effective way to blow normalization up", says one Miami consultant to USA firms negotiating opportunities in Cuba. The U.S. could do more to promote affordable access for Cubans to the internet.

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