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U.S. tightens Cuba embargo, limits travel and banking

Original: U.S. tightens Cuba embargo, limits travel, cuts bank access for entrepreneurs

The United States has announced a tightening of its Cuba embargo, imposing new limits on travel and cutting banking access for Cuban entrepreneurs. The measures reverse parts of earlier engagement policies and are expected to affect private businesses on the island, Cuban Americans travelling to visit family, and financial channels that had opened up in recent years.

Why now: The new sanctions significantly change U.S. policy toward Cuba and directly affect travellers, entrepreneurs and Cuban American families.

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