economic
Trump Activates Helms-Burton Title III
The Trump administration activated Title III of the Helms-Burton Act for the first time, allowing US nationals to sue foreign companies doing business with property confiscated by the Cuban government. Every US president since Clinton had waived this provision every six months. The activation triggered a wave of lawsuits and deterred European, Canadian, and Latin American investment in Cuba.
Sources
- T1 State Department Official
- T2 Reuters Major