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Background
The United States embargo against Cuba is an economic, commercial, and financial embargo imposed on Cuba on February 7, 1962. The embargo was enacted after Cuba expropriated the properties of United States citizens and corporations (notably those that belonged to the United Fruit Company and the ITT). The embargo was codified into law in 1992 with the stated purpose of bringing democracy to the Cuban people, and in fact is entitled the Cuban Democracy Act. In 1996 Congress passed the Helms-Burton Act which further restricted United States citizens from doing business in or with Cuba, and mandated restrictions on giving public or private assistance to any successor regime in Havana unless and until certain claims against the Cuban government are met. In 1999, U.S. President Bill Clinton expanded the trade embargo even further by ending the practice of foreign subsidiaries of U.S. companies trading with Cuba in dollar amounts totaling more than $700 million a year.
As of 2007, the embargo which limits American businesses from trading or conducting business with Cuban interests is still in effect, making it one of the few times in history that United States citizens have been restricted from doing business abroad, and is the most enduring trade embargo in modern history. Despite the existence of the embargo, it is worth noting that not all commerce from the United States to Cuba is restricted, as the United States is the fourth largest exporter to Cuba (mainly aid).
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As of 2007, the embargo which limits American businesses from trading or conducting business with Cuban interests is still in effect, making it one of the few times in history that United States citizens have been restricted from doing business abroad, and is the most enduring trade embargo in modern history. Despite the existence of the embargo, it is worth noting that not all commerce from the United States to Cuba is restricted, as the United States is the fourth largest exporter to Cuba (mainly aid).
see more on Wikipedia
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