Trump Threatens Tariffs on Nations Supplying Oil to Cuba, Escalating Economic Pressure
Agency Feeds
N
News18•30-01-2026, 08:00
Trump Threatens Tariffs on Nations Supplying Oil to Cuba, Escalating Economic Pressure
- •US President Donald Trump signed an executive order threatening tariffs on countries supplying oil to Cuba, citing the Cuban government as an "extraordinary threat" to US national security.
- •The order, issued under the International Emergency Economic Powers Act, alleges Cuba supports hostile countries and terrorist groups like Russia, China, Iran, Hamas, and Hezbollah.
- •Mexico has temporarily suspended oil shipments to Cuba, a "sovereign decision" according to President Claudia Sheinbaum, amidst escalating US pressure to isolate Havana.
- •Cuba faces its worst economic crisis since 1959, with severe fuel shortages, power cuts, and disruptions to food and water supplies, exacerbated by reduced oil imports and declining tourism.
- •Relations between Havana and Washington remain strained, with Trump reversing a brief thaw from 2014 by reimposing sanctions and banning cruise ships in 2019.
Why It Matters: Trump escalates economic pressure on Cuba with tariff threats, leading to Mexico suspending oil shipments.
✦
More like this
Loading more articles...
