Articles Tagged with business

US-agricultural-representatives-300x194Agriculture officials in Alabama have lobbied to turn Cuba into a market for the state’s poultry products for years, but President Donald Trump’s recent policy change with the island jeopardizes that opening.

Alabama Agriculture Commissioner John McMillan said exports to Cuba, which receives millions of tons of poultry every month from the state, could be impacted by the president’s restrictive policy change.

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cubavisit-300x202Travel companies that organize trips to Cuba for American travelers have reportedly been receiving a lot of questions about President Donald Trump’s new Cuba policy and how the elimination of “people to people” tours to the island and the ban on dealings with military-controlled businesses will affect their travels.

“They say they have been interested in traveling to Cuba and they want to book right now,” Tom Popper, president of InsightCuba, told the Miami Herald. His company organizes tours and plans itineraries for groups traveling to Cuba.

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Cruise-Ship-300x183U.S. business owners with dealings in Cuba were relieved after President Donald Trump outlined his new Cuba policy last week because it might not have a big impact on their ventures. Some have reportedly paused all business with the island until they see how Trump’s changes will be implemented and what new regulations they will require.

Lawyers who help corporations navigate the regulations and laws imposed by the embargo have been going through every detail of the memorandum Trump signed on June 16 as well as a White House fact sheet and the answers to some frequently-asked questions issued by the Office of Foreign Assets Control (OFAC) to get a feel of the new policy. That is all the lawyers have to go on until the new rules are written. Trump mandated that the writing process begin by next month.

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Airbnb-Goes-to-Cuba-300x200Cuban locals who rent their homes to U.S. visitors using Airbnb have been complaining about not receiving payments for months now, The Miami Herald reports. The American company opened its platform to Cubans after former U.S. President Barack Obama thawed relations with Cuba in 2014.

It was the first major U.S. company to enter the island nation and has become a convenient way for locals to directly earn a significant income. It worked well until a few months ago. One Cuban host told the press that the digital platform now owes her $2,000 and the company has not told when she can expect to receive her money.

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