American Trade Embargo

The Obama administration is loosening the US trade embargo on Cuba with a new round of regulations allowing American companies to sell to Cuba on credit and export a potentially wide range of products to the Cuban government for the first time, officials said yesterday.

President Barack Obama met his Cuban counterpart Raul Castro today at the United Nations, all smiles after both renewed their calls for an end to the United States trade embargo against Havana.

Democratic presidential candidate Hillary Clinton on Friday urged Congress to end the longstanding U.S. trade embargo against Cuba, calling it a "failed policy" that had done little or nothing to foster change on the communist-ruled island.

Even after decades of diplomatic estrangement and tightening economic sanctions, American products manage to find their way into the Iranian marketplace. The routes are varied: back channel exporters, licensing workarounds and straightforward trade for goods not covered by the US embargoes over Iran's nuclear programme.

The Obama administration is loosening the US trade embargo on Cuba with a new round of regulations allowing American companies to sell to Cuba on credit and export a potentially wide range of products to the Cuban government for the first time, officials said yesterday.

President Barack Obama met his Cuban counterpart Raul Castro today at the United Nations, all smiles after both renewed their calls for an end to the United States trade embargo against Havana.

Democratic presidential candidate Hillary Clinton on Friday urged Congress to end the longstanding U.S. trade embargo against Cuba, calling it a "failed policy" that had done little or nothing to foster change on the communist-ruled island.

Even after decades of diplomatic estrangement and tightening economic sanctions, American products manage to find their way into the Iranian marketplace. The routes are varied: back channel exporters, licensing workarounds and straightforward trade for goods not covered by the US embargoes over Iran's nuclear programme.