Trump says U.S. may ‘work a deal’ on Cuba after oil tariff threat

Trump says U.S. may ‘work a deal’ on Cuba after oil tariff threat
A ship sails through Havana Bay near the Nico Lopez oil refinery, in Havana, Cuba January 12, 2026.
Reuters

U.S. President Donald Trump said Washington may be able to reach a deal with Cuba, days after he threatened tariffs on any country supplying the island with oil.

Speaking to reporters aboard Air Force One on Saturday as he travelled to Florida, Trump said he believed the United States would “work a deal” with Havana and again urged Cuban authorities to negotiate.

“It doesn’t have to be a humanitarian crisis,” Trump said. “I think they probably would come to us and want to make a deal. They have a situation that’s very bad for Cuba. They have no money. They have no oil. They lived off Venezuelan money and oil, and none of that’s coming now.”

Trump’s comments follow his warning earlier this week that the U.S. could impose tariffs on countries that continue to supply Cuba with oil, part of a broader pressure campaign aimed at tightening economic constraints on the island. 

Reuters has reported that Mexico, which became Cuba’s top oil supplier after Venezuelan deliveries were cut in December, is reviewing whether to continue sending fuel amid concerns it could face retaliation from Washington.

In 2025, Venezuela was Cuba’s largest oil supplier, meeting roughly one-third of its daily fuel needs. That supply has since fallen sharply following U.S. measures targeting shipments from Venezuela.

Cuba has been struggling with worsening fuel shortages, frequent power outages and a deepening economic crisis, prompting renewed international attention to the humanitarian impact of U.S. sanctions and regional energy disruptions.

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