US loosens embargo on Cuba, making trade and travel easier

January 15, 2015 6:21 PM

8 0

US loosens embargo on Cuba, making trade and travel easier

The Obama administration is putting a large dent in the U.S. embargo against Cuba as of Friday, significantly loosening restrictions on American trade and investment.

The new rules also open up the communist island to greater American travel and allow U.S. citizens to start bringing home small amounts of Cuban cigars after more than a half-century ban.

Also read: Uncertainty in Italy After Vote

Read more

To category page

Loading...