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Trump threatens tariffs for countries that sell oil to Cuba

Trump threatens tariffs for countries that sell oil to Cuba

Summary

President Donald Trump plans to impose tariffs on nations that provide oil to Cuba as part of a strategy to increase pressure on the country. The announcement was made through an executive order, but specifics such as the tariff rates or which countries will be affected were not disclosed.

Key Facts

  • President Trump plans to add tariffs on countries that sell oil to Cuba.
  • An executive order outlines these plans, but details on rates and targeted countries were not given.
  • Trump has consistently threatened action against Cuba's communist government.
  • Trump mentioned that Cuba may soon face difficulties, partly because Venezuela has stopped sending oil and funds.
  • Previously, Venezuela sent about 35,000 barrels of oil to Cuba each day.
  • Trump's focus on Cuba increased after the seizure of Venezuelan leader Nicolás Maduro in January.
  • Cuba's foreign minister stated Cuba's right to import fuel from any exporter without U.S. interference.
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