U.S. President Donald Trump has warned of tariffs on countries supplying oil to Cuba on Thursday (29 January), as Washington ramps up pressure on the Caribbean nation.
The move, authorised by an executive order under a national emergency declaration, did not specify any tariff rates or identify countries whose products could face U.S. tariffs.
Cuba's state-run media shot back shortly after Trump's announcement, warning that the order threatened to paralyse electricity generation, agricultural production, water supply and health services on an island already suffering a crippling economic crisis.
Emboldened by the U.S. military's seizure of ousted Venezuelan President Nicolás Maduro in a deadly raid earlier this month, Trump has repeatedly spoken of acting against Cuba and pressuring its leadership.
Trump said this week that "Cuba will be failing pretty soon," adding that Venezuela, once the island's top oil supplier, has not recently sent oil or money to Cuba.
The U.S. president has previously urged Cuba to “make a deal, before it is too late,” though he has not outlined the terms of any agreement or the consequences Cuba could face if talks fail.
He has frequently used tariff threats as a foreign policy tool during his second term in office.
Cuba's President Miguel Díaz-Canel said this month that Washington had no moral authority to force a deal on Cuba after Trump suggested the island should strike an agreement with the U.S.
Separately, Cuban foreign minister Bruno Rodriguez recently said that the Caribbean island nation had "the absolute right to import fuel" from any willing exporter "without interference or subordination to the unilateral coercive measures of the United States".
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Colombia’s commerce minister, Diana Marcela Morales, has said she will propose raising tariffs on certain Ecuadorian goods from 30% to 50%, as a trade dispute between the neighbouring countries intensifies.
U.S. President Donald Trump’s latest State of the Union address set out a second-term agenda built on economic protectionism, military strength and a hard line on Iran, signalling a strategy that pairs diplomatic engagement with firm red lines, Assoc. Prof. Orkhan Valiyev told AnewZ Daybreak.
The European Parliament on Monday (23 February) postponed a vote on the EU’s trade deal with the U.S. after President Donald Trump imposed a blanket 15% import duty.
The U.S. Supreme Court has overturned key elements of President Donald Trump’s global tariff policy, creating uncertainty ahead of his March meeting with China’s Xi Jinping. The ruling raises fresh questions about the future of U.S.-China trade relations and the stability of the global economy.
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including threats over the strategic Strait of Hormuz, a critical artery for global oil supplies.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Iran's new Supreme Leader, Mojtaba Khamenei, was 'lightly injured,' an unnamed Iranian official said on Wednesday, as Tehran and Israel continued to exchange missile and drone strikes - all the latest updates throughout the day on AnewZ.
Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
The annual pro-Palestinian al-Quds Day march in London, scheduled to take place on Sunday, has been banned by Home Secretary Shabana Mahmood following warnings from the Metropolitan Police about the risk of “serious public disorder.”
The first batch of Peter Mandelson’s papers on his 2024 ambassadorial appointment is set to be published on Wednesday, following a parliamentary order. The release comes amid police investigations over his links to Jeffrey Epstein.
At least six people have died after a bus caught fire in Kerzers, Switzerland, in what police say may have been a deliberate act. Witnesses reported a man inside the vehicle set himself alight. Three others were injured and taken to hospital, while authorities continue their investigation.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 11th of March, covering the latest developments you need to know.
Iran's new Supreme Leader, Mojtaba Khamenei, was 'lightly injured,' an unnamed Iranian official said on Wednesday, as Tehran and Israel continued to exchange missile and drone strikes - all the latest updates throughout the day on AnewZ.
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