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Tue Apr 16, 2019, 04:17 PM

In major shift, Trump to allow lawsuits against foreign firms in Cuba

Source: Reuters

WORLD NEWS APRIL 16, 2019 / 1:30 PM / UPDATED 34 MINUTES AGO
In major shift, Trump to allow lawsuits against foreign firms in Cuba
Matt Spetalnick
6 MIN READ

WASHINGTON (Reuters) - The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies that use properties Communist-ruled Cuba confiscated since Fidel Castro’s revolution six decades ago, a senior U.S. official said on Tuesday.

The major policy shift, which will be announced on Wednesday, could expose U.S., European and Canadian companies to legal action and deal a blow to Cuba’s efforts to attract more foreign investment. It is also another sign of Washington’s efforts to punish Havana over its support for Venezuela’s socialist President Nicolas Maduro.

President Donald Trump’s national security adviser John Bolton on Wednesday will explain the administration’s decision in a speech in Miami and will also announce new sanctions on Cuba, Venezuela and Nicaragua, countries he has branded a “troika of tyranny,” the official said, speaking on condition of anonymity.

It is unclear, however, whether such property claims will be acceptable in U.S. courts. The European Union has already warned it could lodge a challenge with the World Trade Organization.
....

Reporting by Matt Spetalnick; additional reporting by Susan Heavy and David Alexander in Washington and Sarah Marsh and Marc Frank in Havana; Editing by Bernadette Baum and Lisa Shumaker

Our Standards:The Thomson Reuters Trust Principles.
http://thomsonreuters.com/en/about-us/trust-principles.html

Read more: https://www.reuters.com/article/us-usa-cuba/trump-to-allow-us-lawsuits-against-foreign-firms-doing-business-in-cuba-official-idUSKCN1RS1VY

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Reply In major shift, Trump to allow lawsuits against foreign firms in Cuba (Original post)
mahatmakanejeeves Apr 2019 OP
ancianita Apr 2019 #1
Bernardo de La Paz Apr 2019 #2
JunkYardDogg Apr 2019 #3
SayItLoud Apr 2019 #4
groundloop Apr 2019 #5

Response to mahatmakanejeeves (Original post)

Tue Apr 16, 2019, 04:21 PM

1. He'll lose. No one else in the world sees Cuba as tyrannical. It's not even authoritarian.

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Response to ancianita (Reply #1)

Tue Apr 16, 2019, 04:53 PM

2. Republicon-Trump Party has a history of legislation & regs done to impress base but go nowhere.


Unfortunately it consumes (wastes) time and resources knocking them down, which is the second half of the objective of the tactic.

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Response to mahatmakanejeeves (Original post)

Tue Apr 16, 2019, 07:46 PM

4. The real play here is for the Cubans in S. Florida. He want to assure their votes. nt

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Response to mahatmakanejeeves (Original post)

Tue Apr 16, 2019, 09:00 PM

5. Cuba is making strides to improve itself and Tiny shits on them again

Cuba recently voted to pass a new constitution which is a major shift in that it recognizes that anyone accused of a crime is innocent until proven guilty, added term limits for the president (by the way, there's no Castro in Cuban government anymore), and they are working to bring in foreign investment. Right now would be a great opportunity for the US to enhance our ties with Cuba, but Tiny, in his usual shortsightedness will have none of it (probably driven by the fact that he didn't get to build a resort in Cuba).

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