The administration will consider benchmarks - free elections, the release of political prisoners and direct pay for Cuban workers - as progress that could eventually lead to the easing of the restrictions, according to the senior administration officials. Travel and money sent by Cuban Americans will be unaffected.
"Early reports have confirmed that on Friday, June 16, 2017 President Trump will officially announce a significant uptick in enforcement in U.S.travel to Cuba".
Since Obama's historic effort in his second term to normalize relations with Cuba, Americans have been allowed to travel to the island nation under 12 different categories of travel with just a general license.
The policy changes also do not seek to close off diplomatic ties, shutter the newly opened U.S. Embassy in Havana, or limit what Americans can bring back from Cuba, including cigars and rum. The trips were made easier by the resumption of scheduled commercial air service from the US for the first time in decades. Marco Rubio, considered a key participant in the decision-making.
"They know exactly what they're doing and what they're trying to do is stop travel to Cuba", said James Williams, president of a lobbying group that advocates for greater engagement with the island.
USA visitors also will be prohibited from staying in any hotels doing business with the Cuban military, including the Four Points Sheraton, which Starwood took over from the military in a deal the Obama administration approved.
"To say the least it would be nice to see Cuba turn itself around and embrace human rights".
"My administration's policy will be guided by key USA national security interests and solidarity with the Cuban people", the draft of the eight-page Presidential Policy Directive said, according to the website.
President Trump's new measures are designed specifically to restrict money to the Cuban military and intelligence services. Cuba will also not be reclassified as a state sponsor of terrorism under the new policy.
Obama softened aspects of the decades-long embargo on the island after the United States and Cuba resumed diplomatic relations in 2015 after more than half a century of rupture. Trump's changes would not go into effect until specific new regulations are written and put in place.
Critics said the changes would only hurt everyday Cubans who work in the private sector and depend on American visitors to help provide for their families.
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Following the sale, the insider now directly owns 149,185 shares in the company, valued at approximately $6,479,104.55. TRADEMARK VIOLATION WARNING: This piece was first posted by Stock Observer and is the property of of Stock Observer.
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