President Trump will announce new trade rules with Cuba intended to keep dollars out of the hands of the country’s military and intelligence agencies, said senior White House officials in advance of a presidential speech today in Miami. The officials indicated that food and ag exports would not be affected.
The nonpartisan U.S-Cuba Trade and Economic Council says the first shipment of U.S. rice to Cuba in eight years apparently passed unnoticed in the ongoing debate over trade with the island nation. Based in New York, the council, which produces monthly reports on commerce involving the countries, says the cargo was worth $252,000 and sailed from the Houston area.
The Cuban food-buying agency Alimport purchased $232 million of U.S. food and ag products during 2016, up 36 percent from the previous year, said the U.S.-Cuba Trade and Economic Council. The sales total surged with the return of Cuban purchases of U.S. poultry meat, interrupted by the U.S. …
President-elect Donald Trump says he will stop recent steps toward reconciliation between the U.S. and Cuba unless the island makes "a better deal," says the Los Angeles Times. U.S. farm and food exports to Cuba flow under a 2000 law, separate from the executive orders used by President Obama to normalize relations with Cuba.