New Cuba Sanctions Reach Into Mining and Construction for the First Time This Year
The US widened Cuba sanctions to cover mining and construction, designating officials and entities. Treasury Secretary Bessent said the aim is to bring down the Cuban government. The post New Cuba Sanctions Reach Into Mining and Construction for the First Time This Year appeared first on The Rio Times .
The United States has expanded its sanctions on Cuba to include the mining and construction sectors for the first time this year, intensifying pressure on the island's economy. On August 20, 2026, the US Treasury designated nine state entities and three officials linked to the State Department's Executive Order 14404. These new measures target state-run metals, mining, and construction firms, alongside earlier sanctions aimed at arms imports and foreign military cooperation.
The administration aims to weaken the Cuban government, with US Treasury Secretary Scott Bessent expressing confidence that the strategy employed in Venezuela would similarly impact Cuba. While the full economic repercussions remain uncertain, the US is broadening enforcement measures against Americans visiting Cuba, restricting dealings with government-owned or affiliated businesses.
This strategic shift reflects a larger effort to isolate Cuba economically, with the administration determined to bring about change in Cuba's political landscape.
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