Trump Broadens Sanctions On Cuban Government
· WOWERI
President Donald Trump has expanded sanctions against Cuba, targeting Cuban officials and financial institutions.
Trump Broadens Sanctions On Cuban Government
President Donald Trump has expanded sanctions against Cuba, issuing a new executive order targeting Cuban officials and financial institutions. This move is part of a broader campaign to limit the activities of the Cuban government.
Impact On Financial Institutions
The new sanctions include secondary sanctions against financial institutions that carry out transactions with sanctioned individuals. This means that banks and other financial institutions working with Cuban officials or companies may face sanctions from the US.
Consequences For Cuban Officials
Cuban officials who are sanctioned will be denied entry to the US and will have their assets frozen. This may also affect their families and loved ones.
Sources
What to do next
- H-1B Work Visa — Order
- Application for Employment Authorization — Order
Not sure it fits? Consultation $150
Source: law360.com