Article snippet: After nearly three years of warming relations between the United States and Donald Trump is poised to unravel many of his predecessor’s policies on the communist state. Later today the president is headed to Miami, Florida, where he is expected to announce changes to President Obama’s historic rapprochement with Cuba -– fulfilling a promise to the anti-Castro voting bloc he believes helped his campaign clinch the state, but stirring fear among others he could setback business interests and Cuba’s potential for a more prosperous private sector. In one form or another, the embargo on Cuba has been in place since the Eisenhower administration. But beginning in late 2014, President Barack Obama and Cuban President Raul Castro began a process that gradually thawed diplomatic tensions and eased commercial and travel restrictions between the two countries. This process culminated in significant economic opportunities for both the U.S. and Cuba. American businesses, including airlines, cruise lines, and telecommunications companies, earned 26 agreements with the Cuban government from 2015 to 2017. Hundreds of millions of U.S. dollars flowed into privately-owned businesses in Cuba, the Associated Press reported , spurring the growth of a nascent middle-class that could thrive independent from the government. For Cuba, there have been tangible benefits in tourism and telecommunications. According to the Cuban ministry, 74 percent more American citizens visited ... Link to the full article to read more
President Trump set to unveil changes to Cuba policy - ABC News
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