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Trump expands Cuba sanctions with global reach, targeting foreign banks and firms

South China Morning Post 01 May 2026 3h ago
Trump expands Cuba sanctions with global reach, targeting foreign banks and firms
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US President Donald Trump on Friday signed an executive order expanding sanctions on Cuba, authorising penalties not only against Cuban officials but also on foreign companies and financial institutions that do business with the island. The order significantly broadens Washington’s ability to exert economic pressure, allowing US authorities to target third-country actors deemed to support the Cuba
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