The Trump administration has significantly expanded its sanctions campaign against Cuba, signing Executive Order 14404 on May 1, 2026, and designating GAESA, the Cuban military’s commercial conglomerate controlling large portions of the island’s economy, on May 7, 2026. The Ministry of Tourism and several state-owned companies were added to the sanctions list on July 13, 2026. The new measures introduce secondary sanctions that threaten foreign financial institutions conducting significant transactions with designated Cuban entities with exclusion from the US financial system. On August 6, 2026, UN human rights experts condemned the expanded sanctions, arguing they have worsened an already severe humanitarian crisis on the island, pointing to acute fuel shortages and prolonged electrical blackouts affecting civilians.
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