U.S. further cracks down on Cuba - S. Florida Business & Wealth

U.S. further cracks down on Cuba

The U.S. is further restricting the Cuban regime’s access to commercial aircraft and other goods, the U.S. Commerce Department announced Friday afternoon.

The move by the department’s Bureau of Industry and Security cited continued repression of the Cuban populace and the Cuban government’s support of the regime of Venezuelan President Nicholas Maduro, who faces challenges being recognized as the nation’s legitimate leader.

Ted Berglund, president and CEO of Dyplast Products, speaks with U.S. Commerce Secretary Wilbur Ross
U.S. Commerce Secretary Wilbur Ross, right, talks with Ted Berglund, president and CEO of Dyplast Products, during a visit to South Florida

“This action by the Commerce Department sends another clear message to the Cuban regime—that they must immediately cease their destructive behavior at home and abroad,” said Secretary of Commerce Wilbur Ross. “The Trump Administration will continue to act against the Cuban regime for its misdeeds, while continuing to support the Cuban people and their aspirations for freedom and prosperity.”

A department press release said the Cuban regime is transporting tourists on leased aircraft subject to BIS jurisdiction. BIS is now revoking existing licenses for aircraft leases to Cuban state-owned airlines and will deny future applications for aircraft leases.  Given South Florida’s prominence as an aviation center, it is possible the move could impact some leasing companies based here.

BIS is also expanding Cuba sanctions to include more foreign goods containing U.S. content and is imposing additional restrictions on exports to Cuba.

After a thaw in relations with Cuba under the Obama administration, the Trump administration has taking a tougher stance against Cuba. Cuba’s support of the Maduro regime has been widely cited as one of the reasons he has been able to hold on to power.

In April, the Trump administration announced it would no longer wave Title III of the Helms-Burton Act. As a result U.S. citizens are able to file lawsuits over property that was seized after the 1959 Castro revolution. The upshot is that some South Florida cruise lines and other businesses have faced litigation over doing business in Cuba.

The Cuban economy appears to be under so much stress that its government is taking some unusual steps.

Reuters reported earlier this week that the Cuban government is reacting to an economic crisis by allowing some stores to sell domestic appliances and other goods in U.S. dollars amid a black market of people who purchase goods abroad and then sell them door to door.

You May Also Like
Jordan Strum: Private Aviation, Without Compromise

Jordan Strum has a complex job, but he likes to explain it simply. “I help people fly private.” That is what he will usually tell you at an aviation event,

Read More
A man in a black suit sits in an office chair, hands clasped, with a model airplane in the background and large windows letting in natural light. South Florida Business & Wealth
Avianca Transports 350,000 Passengers During World Cup

From June 1 through July 19, Avianca transported more than 350,000 passengers to the United States, Mexico and Canada, demonstrating the airline’s ability to respond flexibly and efficiently to major events across

Read More
A white Avianca airplane with red accents and logo is on the runway, ready for takeoff, under a bright sky with light clouds. South Florida Business & Wealth
All Flights Cancelled 

Spirit Airlines ceased all operations on May 2nd. What comes next?  For 34 years, Spirit was one of air travel’s most talked-about airlines. Known for budget flights with few included

Read More
Close-up view of a modern jet engine turbine attached to a yellow airplane, parked on an airport tarmac under a blue sky. South Florida Business & Wealth
New Heights

Tropic Ocean Airways Announces Leadership Transition

Read More
Other Posts
Aon to Acquire USI Insurance Services

Global insurance brokerage and consulting firm Aon has agreed to acquire USI Insurance Services from private-equity firm KKR in a deal valued at approximately $17 billion, including debt, according to

Read More
Two people shaking hands, overlaid with images of coins and dollar bills, representing a business deal or financial agreement. South Florida Business & Wealth
Gencom Announces Leadership Appointments

Miami-based real estate investment firm Gencom is reorganizing its operations and expanding its leadership team as it prepares for its next stage of global growth. The company announced it has

Read More
A man in a black t-shirt stands indoors, smiling at the camera. The background features warm lighting, framed art on the wall, and blurred furnishings in a spacious room. South Florida Business & Wealth
Quantum Foundation Awards More than $1 million to Palm Beach Nonprofits

Quantum Foundation awarded more than $1 million to 19 Palm Beach County nonprofit organizations during the first half of 2026, funding programs ranging from food assistance and healthcare access to

Read More
Three girls and a woman stand in a room with food items on a table. Two girls wear green shirts, the smallest girl wears purple, and the smiling woman wears a blue floral dress. All are looking at the camera. South Florida Business & Wealth
Douglas Elliman is the Exclusive Sales Firm for Greenview at Presidential

Greenview at Presidential, a new gated community of 103 luxury single-family homes near Aventura, has tapped Douglas Elliman Development Marketing to handle sales as the project begins welcoming residents. Developed

Read More
Luxurious outdoor swimming pool area at dusk with lounge chairs, umbrellas, palm trees, lanterns, and a modern building in the background. The pool reflects the evening sky, creating a serene atmosphere. South Florida Business & Wealth