The Intercept Briefing

What Does the Trump Administration Want With Cuba?

Feb 20, 2026
Andrés Pertierra, historian on post‑1959 Cuban regime durability, offers on‑the‑ground views of Cuba’s economic and humanitarian collapse. Michael Bustamante, University of Miami chair in Cuban and Cuban American studies, links U.S. policy shifts to sanctions, remittances, and regional politics. They discuss the oil embargo, financial isolation, effects on private entrepreneurs, diaspora divisions, and wider regional fallout.
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INSIGHT

Oil Embargo Is The Immediate Pressure Point

  • The novel and most harmful policy is the U.S.-led oil embargo that deters suppliers by threatening punitive measures.
  • That embargo, plus Title III Helms-Burton effects, has immediate economic and transport fallout for Cuba.
INSIGHT

Financial Isolation Multiplies Sanctions' Impact

  • U.S. sanctions have extraterritorial effects because global banks avoid transactions tied to Cuba.
  • That financial isolation limits Cuba's ability to trade even with countries not bound by the U.S. embargo.
INSIGHT

Policy Flip-Flop Harms Investment And Reform

  • Post-Cold War engagement was seen as the rational policy, but domestic U.S. politics keeps reverting to pressure.
  • Flip-flopping U.S. policy creates uncertainty that deters investment and complicates Cuban private-sector growth.
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