ibusinesslines.com
ibusinesslines.com July 23, 2017


Trump Is Wrong about Cuba, Mexican Press Highlights

26 June 2017, 08:36 | Laverne Osborne

Trump unveils new restrictions on travel, business with Cuba

4 takeaways from Trump’s Cuba speech

"All the Trump administration is saying is, 'there's one thing we're going to change, and that is we're no longer going to permit individual travelers to purport to be traveling to Cuba under the education exemption, '" said Harry Clark, a partner at Orrick and chair of the law firm's global trade and compliance group.

Trump was personally invested in drafting the plans on Cuba, multiple aides told CNN, with one adding that the President deeply believes that the changes Obama announced in 2014 were a "bad deal for the United States and a bad deal for the Cuban people".

The Obama administration argued that decades of isolation had failed to produce changes in the Cuban regime and sought a diplomatic and economic opening between the nations. "In 2017 so far, Cuba has been the 9th most popular destination country on Airbnb for U.S. travelers, more than Australia, Germany, the Netherlands or Thailand", the report said.

"We now hold the cards". It appears they liked his proposal on Cuba better than what the previous administration laid out. But today what is clear is the Cuban people's unwavering sense of perseverance.

The Cuban military senT a message to President Donald Trump warning him that his new strategy to change the Communist island is "doomed to failure".

Germany yesterday lashed out at Washington over new sanctions against Russian Federation that target the planned Nord Stream 2 gas pipeline to Europe.

Diplomatic relations restored just two years ago will remain intact and the countries will maintain embassies. Despite his effort to roll back parts of his predecessor Barack Obama's cuba policy, Trump stopped short of closing U.S. embassy in Cuba.

But "personally, part of what makes it hard [to accept] is that we were six years into the administration and spent a year and a half of exhaustive negotiations before announcing" the Cuba opening, said Rhodes, who coincidentally spoke at a Cuban entrepreneurship event in Miami on Monday.


As to travels, individual leisure travel, permitted by the Obama administration, will be prohibited, and Americans will be required to visit Cuba through tour groups.

Boozman said he agreed with Trump pushing for democratic reforms in Cuba, but called restoring the restrictions the "wrong approach".

For ordinary Cuban citizens, the announcement from the US President Donald Trump was a shocker.

The administration, according to one White House official, does not intend to "disrupt" existing business ventures such as one struck under Obama by Starwood Hotels, which is owned by Marriott International Inc, to manage a Havana hotel. "There is a tremendous opportunity for success in Cuba for Arkansas farmers, and the lifting of credit restrictions on agriculture is a logical first step".

The Castro government said in a statement that Trump's speech "reminded the times of open confrontation with our country, announced the policy of his government towards Cuba which reverts the progress achieved in the past two years".

"Cuba denounces the new hardening of the blockade, which is destined to fail", said an official statement from the Cuban Government, which nevertheless repeated its "willingness to continue a respectful dialogue and cooperation on issues of mutual interest".

Steve Holland, Matt Spetalnick from Reuters News Service contributed to this article.



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