Trump threatens tariffs on goods from countries that sell oil to Cuba

AI Summary
Donald Trump signed an executive order Thursday that could impose tariffs on countries providing oil to Cuba. The order declares a national emergency, citing Cuba's ties to hostile powers like Russia, Hamas, and Hezbollah as a threat to U.S. national security. This policy aims to pressure Cuba's Communist government by restricting its access to oil, particularly after losing its primary supplier, Venezuela, due to U.S. action. While specific tariff rates are yet to be determined, the order allows the Secretaries of State and Commerce to assess tariffs against offending nations. Mexico, a significant oil supplier to Cuba, has paused shipments but insists on fulfilling contractual obligations and providing humanitarian aid. The U.S. has been pressuring countries to cease oil supply to Cuba prior to the announcement.
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