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Home Latest News

Trump Increases Cuban Sanctions Targeting State-Run Companies

20 August 2026
in Latest News, UK, USA, World
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What You Need to Know
• The United States has announced new sanctions against Cuban officials and companies, according to Secretary of State Marco Rubio.
• Nine state-owned firms, including the Ministry of Construction, have been targeted in this latest round of sanctions.
• Cuban Foreign Minister Bruno Rodríguez condemned the sanctions, stating they harm the economy and basic services for citizens.

The United States, led by Secretary of State Marco Rubio, has imposed a new set of sanctions on Cuban officials and companies. This latest round includes nine state-owned mining, metal, and construction firms, as well as the Ministry of Construction. Rubio accused the targeted individuals of facilitating international support for the Cuban regime, coinciding with the 100th birthday of former leader Fidel Castro. The sanctions specifically target the leadership of the Cuban Institute of Friendship with the Peoples (ICAP), which has been accused of misleading American citizens. Cuban Foreign Minister Bruno Rodríguez criticized the sanctions, claiming they would further damage the economy and hinder the government’s ability to provide essential services to the population.

Why It Matters

These sanctions are part of a broader strategy by the U.S. government to counter the Cuban regime’s influence and activities. The sanctions come amid ongoing tensions between the U.S. and Cuba, particularly following the Trump administration’s previous sanctions and policies. The Cuban economy is already struggling, with a significant decline in tourism and an effective oil blockade imposed by the U.S. since early 2023. The sanctions are expected to exacerbate the difficulties faced by the Cuban government in delivering basic services to its citizens.

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Tags: companiesCubanincreasessanctionsstateruntargetingTrump
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