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U.S. To Allow Lawsuits Against Firms Doing Business In Cuba

WorldNews Wednesday, 17 April 2019
U.S. To Allow Lawsuits Against Firms Doing Business In CubaThe 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, Reuters reported. The major policy shift, which will be announced 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...
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Credit: CBS4 Miami - Published < > Embed
News video: Trump Admin Lifts Ban On Lawsuits Against Companies That Do Business With Cuba

Trump Admin Lifts Ban On Lawsuits Against Companies That Do Business With Cuba 00:47

Secretary of State Mike Pompeo announced Wednesday that the U.S. will allow lawsuits against foreign firms operating on property in Cuba seized from Americans.

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