Rubio brings back Cuba Restricted List, slaps sanctions on remittance provider [View all]

Source: Reuters

Rubio brings back Cuba Restricted List, slaps sanctions on remittance provider

Jasper Ward and Dave Sherwood
Updated Fri, January 31, 2025 at 9:08 PM EST·2 min read

WASHINGTON/HAVANA (Reuters) -U.S. Secretary of State Marco Rubio said the U.S. would once again restrict financial transactions with many Cuban military- and government-linked entities, just weeks after the Biden administration had sought to roll those sanctions back.

Rubio said the Trump administration would re-create the "Cuba Restricted List," which prohibits certain transactions with companies under the control of, or acting for or on behalf of, the "repressive" Cuban military, intelligence, or security services or personnel, he said.

Biden had eliminated the restricted list, while at the same time taking Cuba off a U.S. terrorism blacklist and making it more difficult for individuals to file lawsuits in U.S. courts over property seized following Fidel Castro's 1959 revolution.

Trump has since reversed all of the Biden measures, signaling a tough new stance on the communist-run island and long-time foe of the United States.

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Read more: https://news.yahoo.com/news/rubio-says-approved-creation-cuba-235645391.html