U.S. to further ease trade restrictions with Cuba: Report

Obama continues to challenge U.S. embargo

MIAMI – While Cuban officials listed their demands, the U.S. was poised to announce more flexibility on travel, banking and trade with Cuba.

President Barack Obama's administration was set to make the announcement a few days before his visit to Cuba, U.S. Congressional sources said according to Reuters Tuesday

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Obama's use of his executive power challenges the U.S. Congress' position on the embargo against Cuba since his Dec. 17, 2014 announcement. The U.S. Treasury revised regulations may address the use of the U.S. dollar in trade transactions with Cuba.

 

 

 

 


About the Author:

The Emmy Award-winning journalist joined the Local 10 News team in 2013. She wrote for the Miami Herald for more than 9 years and won a Green Eyeshade Award.