Washington first introduced it in 1961 in response to the nationalization of American property on the island.
U.S. President Joe Biden has decided to extend the trade restrictions in force against Cuba until September 14, 2022. The corresponding statement of the American leader was distributed on Wednesday by the press service of the White House.
“I have decided that the extension of these measures against Cuba for one year is in the national interests of the United States,” the document says. By the same decision, Biden extended his powers, which give him freedom of action in terms of compliance with this embargo and issuing permits for individual transactions.
We are talking about a law that came into force in 1917. It allows you to restrict trade with countries that are hostile to the United States.
The United States severed diplomatic ties with Cuba in 1961 in response to the nationalization of American property on the island. After that, Washington announced the introduction of a trade and economic embargo against the country. In December 2014, Barack Obama, who was then President of the United States, admitted that Washington’s previous policy towards Havana was not working and announced the beginning of a movement towards normalizing bilateral ties and easing anti-Cuban sanctions. In 2015, the Obama administration announced the removal of Cuba from the U.S. list of state sponsors of terrorism.
The rapprochement between the two countries was suspended after Republican Donald Trump led the U.S. in January 2017. He tightened the rules for travel of compatriots to the republic and imposed a ban on doing business with organizations controlled by the Cuban military. Biden criticized Trump’s course towards Havana.