Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Trump clamps down on business with Cuba

Friday, June 16, 2017 - 01:17

President Donald Trump ordered tighter restrictions on Americans traveling to Cuba and a clampdown on U.S. business dealings with the island’s military. Fred Katayama reports.

▲ Hide Transcript

▶ View Transcript

President Donald Trump is clamping down on business with Cuba's military. He banned any U.S. dealings with the Cuban Armed Forces Business Enterprises Group. That government conglomerate that pulls the strings in all sectors of the economy. Trump also ordered tighter restrictions on Americans traveling to Cuba as tourists. But he did not completely nix his predecessor President Barack Obama's deal with the island. For instance, Trump kept direct U.S.-Cuba commercial flights and cruise-ship travel. And he didn't bring back limits on Cuba's rum and cigars that Americans can bring home for personal use. One White House official told Reuters, the administration has no intention of "disrupting" existing business ventures. Manhattan Institute's Diana Furchtgott-Roth says Trump's decision is more about human rights than money. (SOUNDBITE) DIANA FURCHTGOTT-ROTH, SENIOR FELLOW AT THE MANHATTAN INSTITUTE, (ENGLISH) SAYING: "In a short run, it might be bad for businesses, but, in the long run, it will be good for business because pressure on human rights issues will encourage Cuba to open up and become more free-market oriented, and that will result in more businesses being able to do business with Cuba." Trump stopped short of breaking diplomatic relations restored in 2015 after more than five decades of hostilities.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Trump clamps down on business with Cuba

Friday, June 16, 2017 - 01:17

Featured Videos

Mark Wahlberg tops highest paid actor list

Mark Wahlberg tops highest paid actor list

Mark Wahlberg tops the list of Forbes' highest paid actors, making over twice the amount of Emma Stone, who was announced as the highest paid actress
Drivers brave wacky 24 hour race

Drivers brave wacky 24 hour race

It may not look like your standard Formula 1 event, but Britain's 24 hour Citroen 2CV race requires serious skill and endurance
Racing to 'catch' a U.S. spy plane

Racing to 'catch' a U.S. spy plane

Footage shot by a Reuters correspondent shows a military operation akin to something from a ‘Fast & Furious’ film: U.S. servicemen in muscle cars racing along a runway to guide a a U-2 spy plane coming in for a landing.
London's female wrestling scene boosted by Netflix show 'Glow'

London's female wrestling scene boosted by Netflix show 'Glow'

There has been more interest in female wrestling and a clearer sense of what it involves since hit Netlfix show 'Glow' came out
Chimpanzees can understand rock, paper, scissors

Chimpanzees can understand rock, paper, scissors

Chimpanzees can understand rock, paper, scissors, Japanese primatologists show