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Lifting Cuba Trade Embargo: New Export Opportunities

This act aims to remove long-standing restrictions on trade with Cuba, potentially opening new opportunities for American businesses and farmers. This means goods from the U.S. can be more freely exported to Cuba, potentially affecting product prices and availability.
Key points
Removes most prohibitions on exports to Cuba, easing trade.
Allows U.S. businesses to sell goods to Cuba without previous restrictions.
The President can still impose new restrictions if national security is threatened.
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Status:
Expired
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Additional Information
Print number: 117_S_1694
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2021-05-19