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The Economic Times

Economy / The Economic Times

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Donald Trump expands Cuba crackdown as islands economy plunges deeper into crisis

The Trump administration is increasing economic penalties on Cuban industries. New sanctions target mining, metal, and construction companies, and friendship organizations. Americans visiting Cuba face stricter enforcement of laws barring dealings with state-owned businesses. This action follows recent detentions of citizens returning from Cuba. These measures aim to further isolate Cuba amid its economic crisis.

21 Aug 2026 6:28 am