US Pres. Trump: Effective immediately, I am cancelling the last Administration's completely one sided deal with Cuba

Eren Sengezer FXStreet

President Donald Trump on Friday announced that his administration will be tightening regulations on Cuba and cancel the last Administration's completely one-sided deal with the country.

Key quotes:

We will not be silenced in the face of communist oppression any longer
On the administration of Raul Castro: "Brutal, brutal regime"
Commercial flights and cruise lines won't get affected
Cuba is a major security threat to the U.S.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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