“We will very strongly restrict American dollars flowing to the military, security and intelligence services that are the core of the Castro regime,” he added.
He also said, “Concrete steps to ensure that investments flow directly to the people so they can open private businesses and begin to build their country’s great, great future.”
Trump has positioned his clamp down as a stop on doing business with Cuba’s military by banning U.S. dealings with the Cuban Armed Forces Business Enterprises Group.
He has also ordered tighter restrictions on Americans traveling to Cuba as tourists.
While keeping most of the elements of Obama’s deal with the Castro’s government intact, he threw his audience enough red meat to keep them calm for the next election cycle.
He kept direct U.S.-Cuba commercial flights and cruise-ship travel open as well as the bar for Cuba’s rum and cigars.
Although the new policy will impact the flow of cash to GAESA, the military-linked conglomerate that operates dozens of hotels and other tourism-related businesses, it will not be severe as Canadian, European, and Latin American tourists who now flock the island will more makeup up for any shortfall in American business.
Contrary to public opinion, Trump stopped short of breaking diplomatic relations restored in 2015 after more than five decades of hostilities.
Barbara Greene, Readers Bureau
Edited by Jesus Chan
Do you want to add feedback to this story? Please add a comment in the box below or send us an email at email@example.com
Like our Facebook page https://www.facebook.com/TheReadersBureau
Follow us on Twitter https://twitter.com/readersbureau21