April 16, 2019

Trump to Allow U.S. Lawsuits Over Seized Property in Cuba

Featuring Peter Harrell

Source: Bloomberg

Journalists Margaret Talev, Nick Wadhams, Stephen Wicary

The Trump administration will allow U.S. citizens to file lawsuits over property confiscated in Cuba during the 1959 revolution, a move that reverses two decades of policy and will create new tensions with allies whose companies do business there.

The administration plans to announce Wednesday that the U.S. will begin enforcing a provision of a 1996 law known as the Helms-Burton Act that allows Cubans who fled Fidel Castro’s regime to sue companies that have used their former property on the island. Like his predecessors, President Donald Trump had previously waived the provision, Title III, because enforcing it could result in a flood of litigation against foreign companies.

Read the full article and more in Bloomberg.

  • Peter Harrell

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is an adjunct senior fellow at the Center for a New American Security, where he focuses on the intersection of economics and national security. Research interest...