New Executive Order related to Cuba Published

[chris12381]

Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy

I'm not sure how this materially changes anything other than the signal it sends and perhaps the Administration's willingness to apply OFAC laws more aggressively.

[El Presidente]

 

But a copy of the order released by the White House said the sanctions could apply to "any foreign person" operating in the "energy, defense and related materiel, metals ⁠and mining, financial services, or security sector of the Cuban economy, or any other sector of the Cuban economy."

The order authorizes secondary sanctions for conducting or facilitating transactions with those targeted under the order, the officials said.

Jeremy Paner, a former sanctions investigator at the U.S. Treasury's Office of Foreign Assets Control, said the move was the most significant one for non-American companies since the U.S. embargo against Cuba began decades ago.

 

"Oil and gas, mining companies, and banks that have carefully segregated their ‌Cuba operations ⁠from the United States are no longer protected," said Paner, who is now a partner at Hughes Hubbard & Reed, a law firm.

https://www.reuters.com/world/americas/trump-expands-us-sanctions-cuban-government-2026-05-01/