Trump signs executive order widening Cuba sanctions to foreign banks and firms
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-05-01 15:23 UTC
- Sources: South China Morning Post
According to the South China Morning Post, President Donald Trump signed an order on May 1 that broadens U.S. sanctions on Cuba, allowing penalties against foreign companies and financial institutions that do business with the island. The move expands Washington’s leverage to pressure the Cuban government and could affect third‑country actors deemed supportive of Havana. No contradictory reporting was identified.