US EditionTrump Expands Cuba Sanctions, Targets Banks and Key Sectors
The order broadens asset freezes and travel bans while threatening foreign banks with U.S. market access limits if they keep doing business with Havana.
- On Friday, May 1, 2026, President Donald Trump signed an executive order expanding economic and travel sanctions against individuals and entities tied to the Cuban government, citing threats to United States national security.
- The directive builds on a national emergency declared on January 29, 2026, targeting what the administration describes as Cuba's "malign influence" and ongoing "policies, practices, and actions" threatening United States foreign policy.
- Specifically targeting energy, defense, financial services, and mining sectors, the Treasury and State Departments may now freeze assets and block travel for those complicit in human rights abuses.
- Because assets move instantaneously, the administration provided no prior notice to those targeted; the Treasury Secretary is authorized to sanction foreign financial institutions that facilitate transactions for blocked persons.
- These measures aim to hold the Cuban regime accountable for supporting hostile actors, terrorism, and regional instability, extending consequences to adult family members of designated individuals.
97 Articles
97 Articles
Trump imposes fresh sanctions on Cuba, targets key economic sectors
United States President Donald Trump on Friday signed an executive order imposing fresh sanctions on Cuba, targeting a wide range of individuals and sectors within the communist-run country while also warning foreign financial institutions against engaging with them. The measures form part of an intensified policy by the Trump administration aimed at increasing pressure on Havana, which is currently grappling with a severe economic downturn foll…
Trump expands US sanctions on Cuban government and affiliates
US President Donald Trump signed an executive order on Friday broadening US sanctions against the Cuban government, two White House officials told Reuters, as he seeks to put more pressure on Havana after ousting Venezuela’s leader. The fresh sanctions target people, entities and affiliates that support the Cuban government’s security apparatus or are complicit in corruption or serious human rights violations, as well as agents, officials or sup…
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