Articles Tagged with trade

Photo-from-CubaTrade-620x420-300x203Manufacturing has been a shrinking industry in the United States since the end of World War II, when the country’s galvanized work force undertook one of the greatest military industrial efforts in history. Although manufacturing still accounts for a solid twelve percent of the United States’ GDP, today’s manufacturing industry is a far cry from the World War II days, due much in part to cheaper labor sources in countries like China and Mexico. But the industry is far from dead, and one company is looking to go where none have gone before – Cuba.

Horace Clemmons and Cuban-born business partner Saul Berenthal, owners of tractor manufacturing company CleBer LLC, have been eyeing a deal in Cuba since U.S. relations with Cuba finally eased back in 2014. Eased relations, paired with the Cuban government returning unused state-owned land to the people in hopes of stimulating growth in the agricultural industry back in 2008, have revealed to the two entrepreneurs an opportunity they are still pushing for after 3 years.

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maduro-300x225In a surprise visit to Cuba, Venezuelan President Nicolas Maduro paid homage to the late Fidel Castro just after the 91st anniversary of his birth on August 13, 1926.

Maduro met with Cuban President Raul Castro for a visit to the cemetery in Santiago de Cuba and the mausoleums of both Fidel and national hero Jose Marti. The visit marks a continuation of strong relations between the two socialist countries, who remain regional ideological allies.

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China-Cuba-Cigar-Deal-300x200China National Tobacco Corporation (CNTC) and Cuban cigar producer Habanos S.A. signed an agreement in Havana over the weekend with the aim of increasing Cuba’s cigar exports to China.

Co-heads of Habanos S.A., Luis Sanchez-Harguindey and Inocente Nunez, and CNTC general manager Ling Chengxing signed the agreement on Sunday. Under the agreement, Habanos S.A. will assist China with the production of tobacco products while expanding the sale of its premium products in the Asian market.

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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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downloadThe 1st Convention on Commerce, Cuba-2017,  ( I Convención de Comercio, Cuba 2017) wraps today in Havana, marking the first convention of its kind to take place on the island. The convention occurred less than a year after relations between the United States and Cuba thawed.

The convention, which is taking place at the Havana International Convention Center, bears the slogan “Challenges and Trends of Sustainable Commerce.” It attracted attendees from 10 different countries.

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Donald-Trump-300x200Four months after he was sworn in, President Donald Trump has yet to  undo former President Barack Obama’s Cuba policies. After much anticipation that an announcement on changes will be made this week, Trump has reportedly still not chosen a course of action, White House officials said.

The White House had wanted to unveil his plan on May 20 to commemorate the 115th anniversary of Cuba’s independence, but the president is beginning his international trip on Friday and the review of the policy changes the Obama administration made has still not been concluded, The Miami Herald reports.

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Roger-Marshall-240x300Republican Representative Roger Marshall of Kansas released an op-ed in The High Plains Journal reflecting on his recent three-day trip to Cuba with a congressional delegation that included representatives James Comer of Kentucky, Jack Bergman of Michigan, and Jason Lewis and Tom Emmer of Minnesota.

Marshall was pleased with the visit and talked about how the U.S.’s current policy of isolation has failed in Cuba. He said the 50-year-old embargo only serves to generate animosity toward the U.S. and to “arbitrarily limit” U.S. citizens chances to engage with Cubans.

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Cuban-Foreign-Minister-300x132Republican congressmen Roger Marshal of Kansas, Jack Bergman of Michigan, James Comer of Kentucky, and Tom Emmer and Jason Lewis of Minnesota met with Cuban Foreign Minister Bruno Rodriguez on Monday, March 6 to discuss foreign relations between the U.S. and Cuba.

Cuban Foreign Minister Director Josefina Vidal and U.S. Deputy Director General Gustavo Machin were also in attendance.

This is the second U.S. delegation to visit the island during the Trump administration. Two weeks ago, Republican Senator Thad Cochran of Mississippi was part of a congressional delegation that was welcomed by President Raul Castro at a three-day business forum to discuss relations and explore future business opportunities between the U.S. and Cuba.

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Rick-Scott-300x162One of President Donald Trump’s campaign promises was to undo former President Barack Obama’s rapprochement with Cuba, and Florida governor Rick Scott has offered to help.

“I’ve been very vocal that Raúl Castro does not believe in democracy and freedom and things like that,” Scott told Politico. “I don’t believe it’s good for our country to be coddling a dictator like that. So I’m going to work with the Trump administration on what’s the right policy.”

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cuban-flag-300x300The Mississippi ports of Gulfport and Pascagoula signed agreements with Cuba on February 20 with an eye on potential future business, despite President Donald Trump’s threat to scrap improved relations if he doesn’t get “a better deal” from Cuban President Raul Castro.

Republican U.S. Senator Thad Cochran of Mississippi signed agreements with the island nation at a business forum that aimed to explore business opportunities between ports in Mississippi and Cuba because of their geographical proximity.

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