Trump May Tighten Cuba Trade and What it Means

May 30, 2017 03:48 PM
 
 

During his time in office, former President Barack Obama worked to re-establish diplomatic relations with Cuba. Now, President Trump wants to roll back some of the changes Obama made in the Oval Office.

According to John Kavulich, president of the U.S.-Cuba Trade and Economic Council, Cuba policy is mostly driven by members of the House of Representatives and the U.S. Senate by those of Cuban descent. Three members of both the House and Senate are members of Cuban descent that are pushing for change. Their “leader” is former presidential candidate Sen. Marco Rubio (R-Fla.).

Kavulich believes this will be a partial reversal, mostly focused on trade and commerce, and he believes travel won’t be impacted.

He says this could have been prevented during the Obama administration in 2015-2016 to help U.S. companies solidify a presence in Cuba that would have made it more difficult for President Trump to take any action.

“Cuba needs to do more to help itself so we can do more to help it,” said Kavulich.

Hear why he says Rep. Rick Crawford (R-Ark.) thinks he’s helping the U.S.-Cuba business relations but he’s actually hurting efforts on AgriTalk above.

Back to news


RELATED CONTENT

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close