On December 17, 2014, President Obama announced a major easing of travel and economic restrictions against Cuba as a result of landmark deal between the United States and Cuba. In his remarks, President Obama announced a number of measures which seek to “end an outdated approach . . .” and “chart a new course in our relations with Cuba and . . . further engage and empower the Cuban people.”
While only Congress can formally overturn the U.S. embargo which has been in place since 1961, the White House has taken some action within its executive powers to liberalize trade and travel to Cuba. Key components of the Administration’s updated policy approach include the following:Continue Reading Obama Administration Announces Historic Change in Cuba Trade and Travel Policy