News Formal

U.S. shifts Cuba policy to allow lawsuits against foreign companies — and that includes Canadian firms

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

The policy could place Canadian mining, tourism and financial services companies at risk in American courts

OTTAWA — The Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution — including Canadian businesses.

U.S. Secretary of State Mike Pompeo says the decision, which takes effect May 3, is rooted in Cuba’s backing of “oppression” through its ongoing support of Venezuela’s socialist government of Nicolas Maduro.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. to allow lawsuits against foreign firms in Cuba, putting Canadian companies at riskThe major policy shift appears intended to intensify pressure on Havana at a time Washington is demanding that it end its support for Venezuela’s socialist president Nicolas Maduro
Source: globeandmail - 🏆 5. / 92 Read more »

U.S. to allow lawsuits against foreign firms in Cuba, putting Canadian companies at riskThe major policy shift appears intended to intensify pressure on Havana at a time Washington is demanding that it end its support for Venezuela’s socialist president Nicolas Maduro
Source: globeandmail - 🏆 5. / 92 Read more »