After much anticipation, on June 16, 2017, President Trump announced changes to U.S. policy under the existing embargo against Cuba, which reinstate some pre-Obama restrictions. The changes are relatively minor and are not expected to significantly impact most of the Obama administration’s relaxation in Cuba policy. It remains to be seen exactly how the policy will be implemented through regulatory revisions, but it is clear the changes do not become effective until the revised regulations are issued, which is not expected for a few months.

Continue Reading.