Trump proposes tariffs on oil exports to Cuba

President Donald Trump announced a plan to impose tariffs on countries supplying oil to Cuba, citing a national security emergency. His executive order identifies Cuba’s government as a significant threat to U.S. interests, with tariffs determined by various secretaries based on oil sales to Cuba. Trump emphasized that Cuba is struggling economically, exacerbated by the loss of Venezuelan oil revenue. This announcement follows a conversation with Mexican President Claudia Sheinbaum about ongoing oil shipments to Cuba.

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