Cuban Embargo

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The United States embargo against Cuba began on October 19, 1960. In that time, the U.S. placed an embargo on exports to Cuba after Cuba nationalized American-owned Cuban oil refineries without compensation. Exceptions to the embargo were food and medicine. Cuba nationalized the factories following President Dwight D. Eisenhower's decision to cancel 700,000 tons of sugar imports from Cuba to the U.S. and refused to export oil to the island, leaving it reliant on Russian crude oil. All American oil companies refused to refine Russian oil, leading the Cuban government to nationalize the factories.
Ever since December 2014, President Obama has been working on improving relations with Cuba. Now the U.S and Cuban embassies have been reopened in …show more content…

Hostages were exchanged shortly after. The Cuban Embargo Act that was placed nearly 55 years ago due to the acts of Fidel Castro has finally come to its slow demise. With the help of President Barack Obama, the lifting of the Embargo is in the works. In addition to the hostage exchange, the United States agreed to further ease restrictions on transfers, travel, and banking. Cuba then also agreed to release the prisoners that the United States had classified as political nonconformists. United States officials confirmed in January of 2015 that all the prisoners were released. The United States and Cuba reopened their embassies in each other's capitals effectively restoring full diplomatic ties. The Cuban Embargo Act that was placed nearly 55 years ago due to the acts of Fidel Castro has finally come to its slow demise. With the help of President Barack Obama, the lifting of the Embargo is in the works. Front runners for the office, Hillary Clinton and Donald Trump, also support Obama’s efforts to raise the Embargo. Although it may take some time for this act to vanish completely, with the efforts of future Presidents we may possibly be able to trade with Cuba once

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