Connect with us

Hi, what are you looking for?

Oracle of  Omaha SaysOracle of  Omaha Says

Latest News

Trump declares national emergency over Cuba, threatens tariffs on nations that supply oil to communist regime

President Donald Trump on Thursday declared a national emergency via an executive order over Cuba, accusing the communist regime of aligning with hostile foreign powers and terrorist groups while moving to punish countries that supply the island nation with oil.

Thursday’s executive order states that the policies and actions of the Cuban government constitute ‘an unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security and foreign policy of the United States.’

To address that threat, Trump ordered the creation of a tariff mechanism that allows the U.S. to impose additional duties on imports from foreign countries that ‘directly or indirectly sell or otherwise provide any oil to Cuba,’ according to the order.

The White House said the move marks a significant escalation in U.S. pressure on the Cuban government, aimed at protecting American national security and foreign policy interests.

In the order, Trump said Cuba aligns itself with and provides support for ‘numerous hostile countries, transnational terrorist groups, and malign actors adverse to the United States,’ naming Russia, China, Iran, Hamas and Hezbollah.

The administration said Cuba hosts Russia’s largest overseas signals intelligence facility, which the order states attempts to steal sensitive U.S. national security information. The order also says Cuba continues to deepen intelligence and defense cooperation with China.

According to the order, Cuba ‘welcomes transnational terrorist groups, such as Hezbollah and Hamas.’

Trump also cited the Cuban government’s human rights record, accusing the regime of persecuting and torturing political opponents, denying free speech and press freedoms, and retaliating against families of political prisoners who protest peacefully.

‘The United States has zero tolerance for the depredations of the communist Cuban regime,’ Trump said in the order, adding that the administration will act to hold the regime accountable while supporting the Cuban people’s aspirations for a free and democratic society.

Under the order, the Commerce Department will determine whether a foreign country is supplying oil to Cuba, either directly or through intermediaries. The State Department, working with Treasury, Homeland Security, Commerce and the U.S. Trade Representative, will decide whether and how steep the new tariffs should be if so.

Secretary of State Marco Rubio is tasked with monitoring the national emergency and reporting to Congress, while the Commerce Department will continue tracking which countries are supplying oil to Cuba.

In a fact sheet, the White House said the order is designed to protect U.S. national security and foreign policy from the Cuban regime’s ‘malign actions and policies,’ and described the move as part of Trump’s broader effort to confront regimes that threaten American interests.

The administration said the action builds on Trump’s first-term Cuba policy, which reversed Obama-era engagement and reinstated tougher measures against the communist government.

The executive order is set to take effect Friday.

The White House did not immediately respond to Fox News Digital’s request for additional comment.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...

    Economy

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Latest News

    Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

    Stock

    Even as U.S. inflation broadly cools, frozen vegetable prices are hot. The average shelf price for frozen veggies rose by 18% in the past year...