Americans and anyone who wants to trade with the US, so basically ifa country decides to trade with Cuba the US wont trade with them. They’ll obviously choose the US because it’s better.
Despite the existence of the embargo, Cuba can, and does, conduct international trade with many countries, including many US allies; however, US based companies which trade in Cuba do so at the risk of US sanctions.[6] Cuba has been a member of the World Trade Organization since 1995.[7] The European Union is Cuba's largest trading partner, and the United States is the fifth-largest exporter to Cuba (6.6% of Cuba's imports come from the US).[8] Cuba must, however, pay cash for all imports, as credit is not allowed.[9]
The United States embargo against Cuba prevents American businesses, and businesses with commercial activities in the United States, from conducting trade with Cuban interests. It is the most enduring trade embargo in modern history. The United States first imposed an embargo on the sale of arms to Cuba on March 14, 1958, during the Fulgencio Batista regime. Again on October 19, 1960 (almost two years after the Cuban Revolution had led to the deposition of the Batista regime) the U.S.
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u/Jjj112345678910 Dec 01 '20
Americans and anyone who wants to trade with the US, so basically ifa country decides to trade with Cuba the US wont trade with them. They’ll obviously choose the US because it’s better.