US tightens sanctions on Cuba, targeting travel and financial transactions

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US tightens sanctions on Cuba, targeting travel and financial transactions
Photo: Ramon Espinosa/AP/TT

The new sanctions primarily target travel and financial transactions. Among other things, more types of business conferences and cultural exchanges between the United States and Cuba will require permits.

Former President Joe Biden's administration partially opened the U.S. banking system to Cubans in an effort to support Cuba's emerging private sector. Some of those measures are now being rolled back.

Relations between the countries have deteriorated during Donald Trump's second term as U.S. president. Among other things, the U.S. imposed an oil embargo on Cuba in 2026, which contributed to a deep economic crisis in the country.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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