US exports to Cuba have increased sharply in 2019, according to Bloomberg and the Financial Post. Both outlets report that a trade mechanism allowing certain transactions to go forward is enabling US businesses to supply a wider range of goods to the island. The products highlighted include fuel, appliances, furniture, food, and vehicles, such as cars. The coverage frames the growth as occurring despite the broader restrictions associated with President Donald Trump’s sanctions policy, describing the sanctions as a “blockade” or “wall.” Instead of depicting a full easing of restrictions, both articles emphasize that the increase is driven by companies using a loophole to move goods into Cuba. The reports do not provide detailed figures in the supplied text, nor do they specify the exact legal or regulatory basis for the loophole. Overall, the two sources agree that the shipment of consumer goods, food, and industrial inputs is rising and that the change is linked to the ability to conduct specific trade transactions under existing rules.
US exports to Cuba rise as fuel, vehicles and food pass sanctions loopholes
US exports to Cuba have increased sharply in 2019, according to Bloomberg and the Financial Post. Both outlets report that a trade mechanism allowing certain transactions to go forward is enabling US...
- US exports to Cuba increase sharply this year, according to Bloomberg and the Financial Post.
- The reported sales include fuel, appliances, furniture, food, and vehicles/cars.
- Both outlets attribute the rise to businesses using a trade loophole that allows certain goods to move despite Trump-era sanctions.
- The accounts describe US sanctions as broadly restrictive, but not preventing all categories of trade.
US exports to Cuba have surged dramatically this year as businesses use a trade loophole to get fuel, appliances, furniture, food and vehicles past President Donald Trump’s wall of sanctions.
2 months agoUS exports to Cuba have surged dramatically this year as businesses use a trade loophole to get fuel, appliances, furniture, food and vehicles past President Donald Trump’s wall of sanctions.
2 months ago
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