Skip to content
-
Subscribe to our newsletter & never miss our best posts. Subscribe Now!
cgstatus logo cgstatus logo Cgstatus

Latest Blog

cgstatus logo cgstatus logo Cgstatus

Latest Blog

  • Home
  • Business
  • Cars
    • Used Cars
  • Finance
    • Insurance
  • Technology
  • Travel
  • News
  • Home
  • Business
  • Cars
    • Used Cars
  • Finance
    • Insurance
  • Technology
  • Travel
  • News
Close

Search

  • https://www.facebook.com/
  • https://twitter.com/
  • https://t.me/
  • https://www.instagram.com/
  • https://youtube.com/
Subscribe
cgstatus logo cgstatus logo Cgstatus

Latest Blog

cgstatus logo cgstatus logo Cgstatus

Latest Blog

  • Home
  • Business
  • Cars
    • Used Cars
  • Finance
    • Insurance
  • Technology
  • Travel
  • News
  • Home
  • Business
  • Cars
    • Used Cars
  • Finance
    • Insurance
  • Technology
  • Travel
  • News
Close

Search

  • https://www.facebook.com/
  • https://twitter.com/
  • https://t.me/
  • https://www.instagram.com/
  • https://youtube.com/
Subscribe
Home/Uncategorized/Trump scales up Cuban sanctions targeting state-run companies
Uncategorized

Trump scales up Cuban sanctions targeting state-run companies

By Shivani Rawat
August 21, 2026 2 Min Read

US sanctions more Cuban companies and officials

5 minutes ago

Will Grant,Cuba correspondentand
Harry Sekulich

AFP via Getty Images US Secretary of State Marco Rubio listens as US President Donald Trump speaks during a roundtable on the American mining industry at the US Department of State in Washington, DC, on August 7, 2026.AFP via Getty Images
Rubio accused multiple Cuban figures targeted by the sanctions of engaging in “subversive anti-American activities”

The US has imposed a new round of sanctions on Cuban officials and companies, Secretary of State Marco Rubio says.

Nine state-owned mining, metal and building firms, the Ministry of Construction and officials connected to a Cuban-based international institute have been named in the latest tranche of economic sanctions.

In a statement, Rubio accused various figures of “ferrying a new brigade of international sympathizers to Havana to network with regime officials” to coincide with the late former leader Fidel Castro’s 100th birthday.

Cuba has denounced all sanctions imposed by the Trump administration.

Rubio said the figures targeted by the sanctions form “part of the regime’s raison d’être of exporting Marxism, racial resentment, and Communist violence across the world”.

Rubio continued: “Today’s designations make clear that the Trump Administration will not tolerate the Cuban regime’s efforts to fund its repression or continue its decades-long campaign of subversive anti-American activities.”

The leadership of the Cuban Institute of Friendship with the Peoples (ICAP) were targeted in the latest round of US sanctions.

Founded in 1960 by Castro, the ICAP has traditionally been used by the Cuban government to foster ties with like-minded organisations around the world by hosting visiting groups of activists who also promote pro-Cuban government campaigns in their own countries.

Rubio, however, accuses the group of “misleading and corrupting American citizens with lies, spy tradecraft and malfeasance”.

Among those to be targeted is the group’s president, Fernando Gonzalez Llort, a member of a spy ring called the Cuban 5, who were part of a prisoner exchange during the Obama-era thaw with Havana.

Havana’s senior figures across the energy, financial and defence sectors are already subject to US sanctions. The country’s tourism industry has also plummeted, a key source of income for the beleaguered government.

Cuban Foreign Minister Bruno Rodríguez condemned Rubio’s announcement, writing on X that he was trying to “punish” Cuban companies and further “harm” the economy.

Rodríguez added it would prevent the government “from guaranteeing basic services to the population, which are already in a critical situation as a result of the blockade”.

The US has imposed an effective oil blockade on Cuba since the beginning of the year. With the island’s aging electricity infrastructure heavily reliant on fuel imports, hospitals have resorted to using emergency generators.

Lengthy and frequent power cuts have triggered rare protests in Cuba, where public dissent is typically punished with long prison sentences.

Cubans protest after third nationwide power cut this year

How the US oil blockade is pushing Cuba into darkness

Cuba tourism collapses as US pressure campaign bites

Cuba
Donald Trump
United States

Original source: https://www.bbc.com/

Author

Shivani Rawat

Shivani Rawat is a content writer with 7 years of experience creating helpful, reader-friendly articles for Geeksscan.com. She covers travel, business, technology, cars, and finance, focusing on simple explanations and practical tips. Shivani completed her graduation from Delhi University and now writes to make complex topics easy for everyone.

Follow Me
Other Articles
Previous

Dem mayor torches DNC in scathing letter for ‘abandoning’ Black voters after convention snub

Next

Alina Habba shuts down speculation she could replace Karoline Leavitt as White House press secretary

No Comment! Be the first one.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Canada says it will match US tariffs ‘dollar for dollar’ as trade talks break down
  • Could these alternative homes be the future in a hotter Britain?
  • Trump to honor Artemis II astronauts who traveled farther from Earth than any humans in history
  • ‘Being a starlet was difficult’: How Shirley Temple saved a Hollywood studio from bankruptcy
  • What triggers Donald Trump to shut down reporters?

Recent Comments

No comments to show.
Copyright 2026 — Cgstatus. All rights reserved.

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by