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1. • $144 billion

     • As a result of the complete prohibition on trade with the United States, a 2021 estimate by the Cuban government found that the embargo has cost the country close to $144 billion.
     www.wola.org/analysis/understanding-failure-of-us-cuba-embargo/

     Understanding the Failure of the U.S. Embargo on Cuba - WOLA

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   How much does the Cuban embargo cost?

   • As a small island, Cuba is in a position where it depends on trade to survive. As a result of the complete prohibition on trade with the United States, a 2021 estimate by the Cuban government found that the embargo has cost the country close to $144 billion. A similar figure has Under the Obama administration, actors in the private sector bloomed.

   Understanding the Failure of the U.S. Embargo on Cuba - WOLA

   www.wola.org/analysis/understanding-failure-of-us-cuba-embargo/

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   Is the Cuban embargo legal?

   • Supporters argue that the embargo is legal because the United States has the right to decide whether or not it wants to trade with another country, and the embargo is justified by Cuba’s nationalization of U.S. property without compensation.

   SIXTY YEARS OF THE CUBAN EMBARGO. WHAT EXACTLY IS IT?

   thecubaneconomy.com/articles/2022/02/sixty-years-of-the-cuban-embargo-what-exactly-is-it/

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   Does the US embargo limit US imports to Cuba?

   • In 2012, the embargo limited U.S. imports to Cuba at 6.6%. The Cuban government is required pay cash for all food imports from the U.S., as credit is not allowed. The pro-embargo position is that the U.S. embargo is, in part, an appropriate response to these unaddressed financial claims against Cuba.

   United States embargo against Cuba - Wikipedia

   en.wikipedia.org/wiki/United_States_embargo_against_Cuba

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   Can foreign companies trade with Cuba?

   • While the nuances in the U.S. embargo can make it difficult for foreign companies to trade with Cuba, there is no evidence that they can’t. Amid news surrounding protests in Cuba, a widely shared Facebook post asserts U.S. sanctions on Cuba restrict the country from trading with other countries, too.

   Cuba can trade with other countries. But here’s some context

   www.politifact.com/factchecks/2021/jul/19/facebook-posts/cuba-can-trade-other-countries-heres-some-context/

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   Why did the United States join the Cuba embargo?

   • The United States bribed and strong-armed members of the Organization of American States to join the embargo cutting off diplomatic and economic relations with Cuba. Only Mexico refused. Europeans did not openly join the embargo, but quietly cooperated by cutting back trade with Cuba.

   Cuba Embargoed: U.S. Trade Sanctions Turn Sixty

   nsarchive.gwu.edu/briefing-book/cuba/2022-02-02/cuba-embargoed-us-trade-sanctions-turn-sixty

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   How does the Cuban embargo affect American companies?

   • The embargo prevents most American companies from doing business with Cuba and vice versa. Although the embargo creates disincentives for other countries and companies to trade with Cuba, it does not compel them to cut economic ties with the island nation. Many countries, as well as some American companies, do business in Cuba.

   Fact check: US Cuba embargo doesn't apply to all countries, companies

   www.usatoday.com/story/news/factcheck/2021/07/15/fact-check-us-cuba-embargo-doesnt-apply-all-countries-companies/7954883002/

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3. nsarchive.gwu.edu › briefing-book › cubaCuba Embargoed: U.S. Trade Sanctions Turn Sixty

   nsarchive.gwu.edu › briefing-book › cuba

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   Feb 2, 2022 · A secret 1982 CIA case study, “US/OAS Sanctions Against Cuba (1962-Present),” concluded that early on the trade sanctions were “significantly damaging to Cuba’s growth and general development,” but that the embargo had failed to meet its objectives and the political costs outweighed its benefits.

4. www.politifact.com › factchecks › 2021Cuba can trade with other countries. But here’s some context

   www.politifact.com › factchecks › 2021

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   Jul 12, 2021 · In response, President John F. Kennedy called for a complete economic embargo in 1962, prohibiting all trade of goods and services between the U.S. and Cuba and imposing strict travel...

5. www.wola.org › analysis › understanding-failure-ofUnderstanding the Failure of the U.S. Embargo on Cuba - WOLA

   www.wola.org › analysis › understanding-failure-of

   • Cached

   Feb 4, 2022 · As a result of the complete prohibition on trade with the United States, a 2021 estimate by the Cuban government found that the embargo has cost the country close to $144 billion. A similar figure has been acknowledged by the United Nations.

6. en.wikipedia.org › wiki › United_States_embargoUnited States embargo against Cuba - Wikipedia

   en.wikipedia.org › wiki › United_States_embargo

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   In its 2020 report to the United Nations, Cuba stated that the total cost to Cuba from the United States embargo is $144 billion since its inception. [84] United States holds $6 billion worth of financial claims against the Cuban government.

7. www.usatoday.com › story › newsFact check: US Cuba embargo doesn't apply to all countries ...

   www.usatoday.com › story › news

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   Jul 16, 2021 · Although the embargo creates disincentives for other countries and companies to trade with Cuba, it does not compel them to cut economic ties with the island nation.

8. thecubaneconomy.com › articles › 2022SIXTY YEARS OF THE CUBAN EMBARGO. WHAT EXACTLY IS IT?

   thecubaneconomy.com › articles › 2022

   • Cached

   Feb 16, 2022 · Supporters argue that the embargo is legal because the United States has the right to decide whether or not it wants to trade with another country, and the embargo is justified by Cuba’s nationalization of U.S. property without compensation.

9. www.reuters.com › article › worldU.S. trade embargo has cost Cuba $130 billion, U.N. says

   www.reuters.com › article › world

   May 9, 2018 · HAVANA (Reuters) - A United Nations agency said on Tuesday an "unjust" U.S. financial and trade embargo on Cuba had cost the country's economy $130 billion over nearly six decades, coming...