President Expands Cuba Sanctions Under IEEPA

President Donald J. Trump signed an executive order on May 1, 2026, extending and expanding sanctions against the Government of Cuba. The order, issued under the International Emergency Economic Powers Act and other statutory authorities, blocks U.S. persons from dealing with properties and interests belonging to specified Cuban individuals, entities, and sectors such as energy, defense, and financial services. It prohibits entry of certain Cuban nationals and imposes restrictions on foreign financial institutions that facilitate transactions for blocked persons. The order requires the Treasury and State Departments to report to Congress and authorize further measures. The sanctions aim to address threats to U.S. national security and foreign policy described in a prior executive order.

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