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Trump and Rubio allies position for control of Cuban assets amid sanctions campaign

Washington insiders and lobbyists are exploring business opportunities in Cuba as US sanctions pressure intensifies under Secretary of State Marco Rubio.

· 1 min read · language: en
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The Guardian — World

Foreign companies including Spanish hotel chains, a Canadian mining firm, and European shipping operators have withdrawn from Cuba this summer amid fears of new US secondary sanctions, according to reporting from The Guardian. Secretary of State Marco Rubio told Axios last month there are "no escape valves" from his administration's pressure campaign against the island.

A group of Washington and Florida insiders—described as including billionaire Trump associates and Rubio-linked lobbyists—are now positioning themselves to profit from potential regime collapse, charging clients fees to navigate the expanding sanctions framework and seeking lucrative business deals in a post-communist Cuba.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFRTRUR

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