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Trump Cuba Sanctions Escalation Targets Foreign Banks

Summary by The Rio Times
Key Points —President Trump signed a new executive order on May 1 — International Workers’ Day — that extends Executive Order 14380 with secondary sanctions on foreign banks that process transactions for designated Cuban entities, threatening their dollar-system access. —President Miguel Díaz-Canel called the order “moral poverty” and a “blockade reinforced”. The Trump administration has […] The post Trump Cuba Sanctions Escalation Targets Forei…
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OTTAWA.— A Canadian mining company, among the largest foreign investors in Cuba, is consulting with advisors and interested parties following President Donald Trump’s extension of US sanctions against the weakened Caribbean economy. Sherritt International Corp., who will present results next week, reported in a statement on Monday—after the closing of the markets—that he is assessing the implications of the new measures. The executive order sign…

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Cuban Deputy Minister De Cossío states that Trump's May 1 executive order "confirms" the objectives of U.S. domination over Cuba.

Statement: “Times after the Cuban people and their revolution proved their ability to mobilize on May 1, President Donald Trump reacted with two irrational actions: he signed a new executive order that extended sanctions against Cuban authorities and launched an unacceptable threat. “Returning from Iran we will make one of the [...] The Post ALYC Reflection Group: “We categorically reject Trump’s threats against Cuba” appeared first on Radio Nue…

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SmarTrade broke the news on Monday, May 4, 2026.
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