WASHINGTON – US President Donald Trump has decided to extend until September 14, 2020 trade restrictions applicable to Cuba. The press service of the White House distributed the corresponding statement of the American leader.
“I have decided that extending these measures against Cuba for one year is in the national interest of the United States,” the statement said.
The same decision Trump extended his powers, which give him freedom of action in terms of compliance with the embargo and the issuance of permits for individual transactions.
This is a law that came into force in 1917. It allows you to limit trade with countries hostile to the United States. At the moment, Cuba is the only country covered by the law.
In 2008, North Korea was removed from the list, but at the same time, it is subject to other stringent sanctions.
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 trade and economic embargo against the country.