U.S. President Donald Trump has issued an executive order imposing tariffs on countries supplying oil to Cuba, escalating pressure on the island nation amid severe shortages. The move follows the cancellation of a Mexican oil shipment to Cuba, which officials say was influenced by U.S. threats of tariffs and military action.
Core Facts
- Trump’s Executive Order: The U.S. will impose tariffs on nations providing oil to Cuba unless the island aligns with U.S. national security interests.
- Mexico’s Cancellation: Mexico’s state-run oil company Pemex halted a planned oil shipment to Cuba, citing U.S. pressure, despite President Claudia Sheinbaum’s claims of a sovereign decision.
Deeper Context
Economic Impact on Cuba
Cuba faces severe fuel, food, and medicine shortages, with power cuts worsening. The peso has lost over 10% of its value against the dollar in three weeks, driving up prices. Residents report long queues for fuel and basic goods, with no signs of protest despite growing hardship.
International Reactions
- Venezuela’s Response: Venezuelan Foreign Minister Yvan Eduardo Gil Pinto condemned the U.S. move as “punitive,” warning of humanitarian consequences for Cuba. Venezuela, a key ally, has reduced oil shipments to Cuba following the U.S.-backed ousting of President Nicolás Maduro.
- Mexico’s Dilemma: President Sheinbaum expressed concern over a potential humanitarian crisis in Cuba but emphasized Mexico’s need to avoid U.S. tariffs. She noted that halting oil shipments could cripple Cuba’s electricity, healthcare, and food supplies.
Long-Term Implications
Cuba imports over 60% of its oil, with domestic production insufficient to meet demand. The cancellation of Mexico’s shipment leaves Cuba with only 15-20 days of oil reserves, according to data firm Kpler. The U.S. move is seen as part of a broader strategy to isolate Cuba, following the ousting of Maduro and the assertion of control over Venezuela’s oil.
Policy and Rhetoric
Trump’s order frames Cuba as a threat to U.S. national security, while Cuban President Miguel Díaz-Canel denounced the move on social media. The U.S. has long sought to pressure Cuba into aligning with its foreign policy, a stance that critics argue risks exacerbating humanitarian crises.