The Prague Post - Trump threatens tariffs on nations selling oil to Cuba

EUR -
AED 4.300395
AFN 73.771059
ALL 95.492494
AMD 434.89817
ANG 2.095907
AOA 1074.953577
ARS 1644.938934
AUD 1.634616
AWG 2.109216
AZN 1.987981
BAM 1.958138
BBD 2.357996
BDT 143.970693
BGN 1.953303
BHD 0.441779
BIF 3483.645619
BMD 1.170973
BND 1.494872
BOB 8.089626
BRL 5.850417
BSD 1.170688
BTN 110.624157
BWP 15.833773
BYN 3.303116
BYR 22951.07702
BZD 2.354602
CAD 1.60219
CDF 2719.585571
CHF 0.923494
CLF 0.026528
CLP 1044.062825
CNY 8.006471
CNH 8.006964
COP 4232.635282
CRC 532.531374
CUC 1.170973
CUP 31.030793
CVE 110.541334
CZK 24.360698
DJF 208.105235
DKK 7.473618
DOP 69.380325
DZD 155.173427
EGP 61.862199
ERN 17.5646
ETB 184.281899
FJD 2.576488
FKP 0.864136
GBP 0.866514
GEL 3.155807
GGP 0.864136
GHS 13.044631
GIP 0.864136
GMD 86.133089
GNF 10278.215614
GTQ 8.944605
GYD 244.932486
HKD 9.177327
HNL 31.171228
HRK 7.533928
HTG 153.361827
HUF 363.996829
IDR 20276.573963
ILS 3.461361
IMP 0.864136
INR 110.910966
IQD 1533.975046
IRR 1541000.885095
ISK 143.198065
JEP 0.864136
JMD 184.460273
JOD 0.830222
JPY 186.903149
KES 151.176503
KGS 102.377731
KHR 4695.603381
KMF 492.97925
KPW 1053.871083
KRW 1728.280527
KWD 0.36018
KYD 0.975657
KZT 536.626229
LAK 25697.009943
LBP 104850.588697
LKR 373.172437
LRD 215.166524
LSL 19.362015
LTL 3.45758
LVL 0.70831
LYD 7.429809
MAD 10.838821
MDL 20.248006
MGA 4858.368407
MKD 61.641492
MMK 2459.090039
MNT 4211.235716
MOP 9.450044
MRU 46.838679
MUR 54.777669
MVR 18.091763
MWK 2038.664498
MXN 20.372418
MYR 4.626554
MZN 74.836877
NAD 19.379494
NGN 1610.04165
NIO 42.992293
NOK 10.920567
NPR 176.998852
NZD 1.998887
OMR 0.450237
PAB 1.170693
PEN 4.117123
PGK 5.087586
PHP 72.020714
PKR 326.379512
PLN 4.249872
PYG 7338.700835
QAR 4.266148
RON 5.09561
RSD 117.421743
RUB 88.20729
RWF 1710.20653
SAR 4.392081
SBD 9.398156
SCR 16.001437
SDG 703.173879
SEK 10.855111
SGD 1.495093
SHP 0.87425
SLE 28.835202
SLL 24554.720488
SOS 669.207686
SRD 43.870506
STD 24236.783483
STN 24.883183
SVC 10.244146
SYP 129.450246
SZL 19.37966
THB 38.18662
TJS 10.981514
TMT 4.104261
TND 3.376795
TOP 2.819423
TRY 52.775901
TTD 7.960438
TWD 36.947137
TZS 3053.456924
UAH 51.59397
UGX 4355.163524
USD 1.170973
UYU 46.204781
UZS 14133.64802
VES 567.475409
VND 30855.146912
VUV 138.439027
WST 3.194196
XAF 656.735632
XAG 0.015868
XAU 0.000255
XCD 3.164614
XCG 2.109902
XDR 0.817009
XOF 655.16
XPF 119.331742
YER 279.452944
ZAR 19.385053
ZMK 10540.165858
ZMW 22.21243
ZWL 377.05293
  • CMSD

    -0.0600

    23.2

    -0.26%

  • JRI

    -0.0200

    12.81

    -0.16%

  • BCC

    -1.2500

    82.61

    -1.51%

  • CMSC

    -0.0300

    22.83

    -0.13%

  • BCE

    -0.0600

    23.5

    -0.26%

  • NGG

    0.2200

    87.45

    +0.25%

  • RIO

    -1.4600

    98.49

    -1.48%

  • BP

    0.3800

    46.35

    +0.82%

  • BTI

    1.1500

    58.47

    +1.97%

  • RBGPF

    -0.5300

    63.47

    -0.84%

  • GSK

    0.2500

    54.47

    +0.46%

  • VOD

    -0.0200

    15.49

    -0.13%

  • RYCEF

    -0.1000

    15.3

    -0.65%

  • AZN

    -0.8300

    186.68

    -0.44%

  • RELX

    -0.3800

    36.01

    -1.06%

Trump threatens tariffs on nations selling oil to Cuba
Trump threatens tariffs on nations selling oil to Cuba / Photo: YAMIL LAGE - AFP

Trump threatens tariffs on nations selling oil to Cuba

US President Donald Trump signed an executive order Thursday threatening to impose additional tariffs on countries that sell oil to Cuba, further increasing pressure on the communist-led island.

Text size:

The order did not specify the value of the tariffs or which countries would be targeted, leaving those determinations up to his secretary of commerce.

Cuba, which has largely been under a US embargo since 1962, until recently received most of its oil from Venezuela.

But the United States has moved to block the flow after removing Havana's key ally Nicolas Maduro from power and effectively seizing control of Venezuelan oil exports.

Following the Venezuela operation, Trump vowed to completely cut off oil and money going to Cuba.

"I strongly suggest they make a deal, BEFORE IT IS TOO LATE," he threatened in a social media post.

The United States has been mum on what kind of deal it is seeking with the island's communist government.

Havana's foreign minister Bruno Rodriguez on Thursday called the latest move in a post on X a "brutal act of aggression against Cuba and its people, who for more than 65 years have been subjected to the longest and cruelest economic blockade ever imposed."

The order signed Thursday threatens added tariffs on any "country that directly or indirectly sells or otherwise provides any oil to Cuba."

The order invokes the International Emergency Economic Powers Act (IEEPA) and calls the Cuban government an "extraordinary threat" to US national security.

Other tariffs invoked under the IEEPA are currently being challenged at the Supreme Court.

Declaring a "national emergency" related to Cuba, Trump made similar claims to those made against Venezuela, such as providing support nations hostile to the United States.

"The regime aligns itself with -- and provides support for -- numerous hostile countries, transnational terrorist groups, and malign actors adverse to the United States," including Russia, China, and Iran, as well as the militant groups Hamas and Hezbollah, the order said.

The pressure comes as the communist island is in the throes of its worst economic crisis in decades, marked by recurring power outages of up to 20 hours a day and shortages of food and medicine that have created a mass exodus of Cubans.

US neighbor Mexico has become a significant provider oil to Cuba, though media reports have suggested that flows could be slowing under pressure from Trump.

Speaking at a press conference earlier this week, Mexican President Claudia Sheinbaum would neither confirm or deny the reports, but said Mexico would "continue to show solidarity" with Cuba.

G.Kucera--TPP