Posted on 01/17/2025 1:06:56 PM PST by Rio
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced the U.S.-Cuba Trade Act of 2025 to repeal sanctions on Cuba and establish normal trade relations with the island nation.
Wyden introduced the bill after the Biden White House announced this week it was removing Cuba from the list of state sponsors of terrorism and Cuba agreed to free a number of political prisoners. Senator Jeff Merkley, D-Ore., co-sponsored the legislation.
The U.S.-Cuba Trade Act would repeal the major statutes that codify sanctions against Cuba, including the Helms-Burton Act and the Cuban Democracy Act, as well as other provisions that impact trade, investment, and travel with Cuba. It would also establish normal trade relations with the country. The International Trade Commission found in 2016 that easing U.S. restrictions on trade and business with Cuba could increase U.S. exports by $1.4 billion annually in the next five years, with even bigger gains possible.
The bill text is available here.
https://www.finance.senate.gov/download/us-cuba-trade-act-of-2025pdf
What does Cuba have to trade other than sugar cane and cigars?
Cubans - and they come at no up-front cost.
Good.
Cuba could be a great place. Tremendous investment opportunity. But it needs to totally reject Collectivism of any kind.
Their biggest trading partner now is China.
They import real food...One would think Mexico might partner up.
To hell with Wyden and Cuba.
Commies all.
The Dems are Castro commies .
Mayor Bass exhibit 1
Works for me. Way past time.
With the Soviet Union gone for 34 years now, the raison d’être for this declared enemy is wearing thin. Has anyone put an annual dollar cost on this pointless foreign entanglement?
As a kid growing up in Florida, Havana was the place to go. Imagine what Havana would look like now if Communism had never arrived.
Red Ron is full of surprises. 🙀
Sorry they have to import sugar now.
That is so hard to believe. When we lived in Guantanamo Bay, we would sit outside at night overlooking the bay (we were out there to watch movies outdoors at the Chief's Club) and in the fall, they would burn the old sugar cane crops, making way for the spring growth. The sky was red with the reflection of the flames.
Wyden is always wrong about everything.
I seem to recall they had problems with the harvest. They also have struggled to keep electrical power on in the socialist paradise.
THEY ARE IMPORTING SUGAR-—AT $25 A POUND.
I propose we give WYDEN TO CUBA-—for free...
THEY ARE IMPORTING SUGAR-—& PAYING $25 A POUND
I remember an old OLD political cartoon from the 1960s with Nikita Khrushchev of the USSR trading with Cuba. He is setting at a desk with a cup of coffee held out.
Castro is filling the cup with so much sugar from a 50 lb sack that it overflows the coffee and is almost up to Khrushchev’s knees. Wonder how that would work out today.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.