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Trump threatens tariffs on countries supplying Cuba with much-needed oil

Trump threatens tariffs on countries supplying Cuba with much-needed oil

Summary

President Donald Trump has signed an order for new tariffs on countries sending oil to Cuba, claiming Cuba is a threat to U.S. security. The order aims to stop oil supplies from reaching Cuba, affecting countries like Mexico and Venezuela. The move follows U.S. actions in Venezuela and has led to tensions with other countries.

Key Facts

  • President Trump signed an executive order to impose tariffs on countries providing oil to Cuba.
  • Trump describes Cuba as a threat to the U.S. due to its ties with certain hostile countries and groups.
  • The order allows for extra taxes on goods from countries supplying oil to Cuba.
  • Trump previously hinted at taking action against Cuba, encouraging Cuban leaders to negotiate a deal.
  • The U.S. recently took control of Venezuela’s oil industry after a military operation.
  • Trump predicts economic struggles for Cuba, citing the cutoff of Venezuelan oil.
  • Mexican President Claudia Sheinbaum stated that Mexico temporarily stopped sending oil to Cuba.
  • Venezuela and Mexico were major oil suppliers to Cuba, but these shipments have decreased due to U.S. actions.

Source Information