Monday, February 23, 2026

The ruling against Trump's tariffs affects the US oil embargo on Cuba

  • aplicacion - banner 728px

Washington.- The ruling by the U.S. Supreme Court that has forced the Government of President Donald Trump to not impose tariffs under an economic emergency law reverses the additional levies with which countries that supply crude oil to Cuba were penalized, although it does not prohibit future punishments and surrounds with uncertainty Washington's current pressure campaign on Havana. After the highest US court considered last Friday that Trump exceeded his authority by invoking the International Emergency Economic Powers Act (IEEPA) to impose a large part of his customs duties on other countries, the president was forced to sign an executive order that same day to establish "the end of certain tariff actions".

You may be interested in: http://Cuba accuses the US of imposing on the Dominican Republic the decision not to invite it to the Summit

Among the tariffs that the Trump Administration has been forced to cancel are those imposed by Trump against crude oil suppliers to Cuba in an executive order, 14380, signed by Trump himself on January 29, 2026. That order 14380 established that, considering that the activities of the Cuban Government are a national threat to the U.S., "an additional ad valorem tariff may be imposed on imports of goods that are products of a foreign country that sells or otherwise supplies, directly or indirectly, petroleum to Cuba". As it is covered by sections of the IEEPA, the implementation of said customs penalties has had to be deactivated. However, the order from last Friday stipulates that the "national emergency" declared with respect to Cuba "remains in effect", so the U.S. is not categorically prohibited from imposing tariffs or other future trade measures against countries that supply oil to the island if they are regulated by other legal figures. This leaves in the air for the moment the possibility of Washington punishing or not a country that facilitates crude oil to Cuba today. In January, after the capture of Nicolás Maduro, the U.S. ended the flow of Venezuelan oil to Cuba. This, added to the tariffs for other suppliers, has left the island severely affected by the lack of fuel.

In the spotlight

  • aplicacion - banner 300px

  • banner altices 300x250 junio 2025

Explore more

The ruling against Trump's tariffs affects the US oil embargo on Cuba

Washington.- The ruling by the U.S. Supreme Court that has forced the Government of President Donald Trump to not impose tariffs under an economic emergency law reverses the additional levies with which countries that supply crude oil to Cuba were penalized, although it does not prohibit future punishments and surrounds with uncertainty Washington's current pressure […]

41.8% of Dominicans say their economy improved in the last year

41.8% of Dominicans expressed that the economic situation of their household has improved in recent months, according to the first Markestrategia survey conducted this year. While 31.5% state that their situation remains the same, 25.9% believe it has worsened, and only 0.8% responded that they do not know. "For you, the economic situation of your […]

A new 2000 pesos bill will circulate starting February 24th

Santo Domingo.- The Central Bank of the Dominican Republic (BCRD) reported this Friday that starting February 24th, the new 2000 pesos banknotes, year 2025, will be in circulation. These banknotes, whose manufacture was ordered through an international public tender in May 2025, contain the same security features as the 2000 pesos banknotes currently in circulation, […]

Trump announces a 10% global tariff

U.S. President Donald Trump announced this Friday that he will impose a general global tariff of 10%, as part of the set of trade powers, known as section 122. Also, Trump mentioned that he would use another set of powers, called section 301, to initiate unfair trade practices, which could result in additional tariffs. "Effective […]

Leonardo Aguilera attributes the investment boom in the DR to stability and respect for legal security

Punta Cana.– The executive president of the Banco de Reservas de la República Dominicana, doctor Leonardo Aguilera, stated that the sustained growth of foreign direct investment in the country responds to the climate of institutional stability, respect for legal security and confidence in the public policies promoted by the Government. By participating in the panel […]

Oil companies will be able to pay taxes in Venezuela without being sanctioned by the US

Austin (USA),- Oil companies operating in Venezuela will be able to pay local taxes and levies to the Government of this Latin American country without being sanctioned by United States, as indicated this Wednesday by the Department of the Treasury. In a license issued today by the Office of Foreign Assets Control (OFAC), Washington indicated […]