Donald Trump's pressure on Cuba could hit Canadian companies, business leaders warn

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Canadian Chamber of Commerce especially concerned about the potential impact on Canadian mining, financial services and tourism companies with operations in Cuba

OTTAWA — Business leaders are warning that the Trump administration’s threat to tighten the U.S. embargo on Cuba could sideswipe Canadian companies that are doing business on the Caribbean island.

Agnew said the chamber is especially concerned about the potential impact on Canadian mining, financial services and tourism companies with operations in Cuba. “All the rules of the game have been changed. We have to be prepared for the president not to further waive Title III.” Title III allows Americans to use their courts to sue foreign entities who may have “trafficked” in property confiscated by the communist Castro regime after it overthrew Cuba’s U.S.-backed government in 1959.“It could affect any company which has any, any relationship with Cuba,” said Agnew.

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Trump pressure on Cuba could hit Canadian companies, business leaders warnBusiness leaders are warning that the Trump administration's threat to tighten the U.S. embargo on Cuba could sideswipe Canadian companies that are doing business on the Caribbean island.
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Trump pressure on Cuba could hit Canadian companies, business leaders warnBusiness leaders are warning that the Trump administration's threat to tighten the U.S. embargo on Cuba could sideswipe Canadian companies that are doing business on the Caribbean island.
Source: CTVNews - 🏆 1. / 99 Read more »

Trump administration’s pressure on Cuba could hit Canadian companies, business leaders warnSeveral foreign countries, including Canada, have invested in Cuba during the more than 50 years since the U.S. froze relations and imposed an economic embargo Do you honestly think Trump cares? Absolutely DISGUSTED with realDonaldTrump POTUS to seek the total destruction of Cuba and for what? Sore losers because Castro replaced their puppet dictator with himself and establish Universal healthcare and free education? Holding such a long grudge shows the evil of the US Beware foreign policy ‘experts’ who are shills for imperialism. Canada's Corporate role in the Regime Change Agenda. Canadian Banks and Gold Diggers are at the main sponsors. Haiti Venezuela
Source: globeandmail - 🏆 5. / 92 Read more »