US tightens grip on Cuba’s business links
Havana, CubaSat May 09 2026
The US recently added new trade limits on Cuba, focusing hard on a big business group called GAESA. This company is run by the Cuban military, handling money and important jobs on the island. One major move was cutting Canada’s long-running nickel mine deal after 32 years. This shows how Washington’s policies force foreign partners to pick sides—business or politics.
Experts say these steps aren’t just about money. They follow years of tension between the two countries. Some Cuban leaders, including those connected to the Castro family, have faced US limits too. Critics argue this punishes ordinary Cubans more than leaders. Trade ties shrink, but the military’s control over the economy keeps growing.
Canada’s exit from the nickel mine proves how sensitive these sanctions are. Companies face tough choices: obey US rules or keep working in Cuba. For a small island economy, losing partners hurts daily life. Food, fuel, and medicine depend on trade that keeps getting blocked.
https://localnews.ai/article/us-tightens-grip-on-cubas-business-links-ec8c4cf5
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