Wilfredo Lee / AP
The Trump government has announced new sanctions and sanctions against Cuba, Venezuela and Nicaragua, both of which aim to end the reign of Venezuelan President Nicolás Maduro and weaken Cuba's communist regime.
One of the measures will bring lawsuits against foreign companies confiscated by US citizens in Cuba during the Cuban Revolution. This is a reversal of more than 20 years of American politics.
The action against Coral Gables is announced. On Wednesday, national security adviser John Bolton called Cuba, Venezuela and Nicaragua the "Troika of Tyranny" and said the new measures would "end the glamor of socialism and communism."
The measures are demanded by the US Venezuela and the international community recognize the opposition leader Juan Guaidó as interim president.
"This is just the beginning," said Bolton. "As long as people in Cuba, Venezuela and Nicaragua advocate freedom, the United States will stay with them."
On Wednesday, Secretary of State Mike Pompeo announced that the US will no longer suspend Title III of the Helms -Burton Act.
This provision allows US citizens to file suit with US courts against foreign companies that "trade" property that was confiscated in Cuba after the 1959 revolution. Earlier administrations had a long-standing policy of renouncing the provision for six months each. However, the Trump government had announced that it would tighten the United States' trade embargo on Cuba earlier this year, as the derogation was only extended for 45 days.
The new policy announced Wednesday also includes sanctions against the Venezuelan central bank and a financial services provider outside Nicaragua, with the government calling President Daniel Ortega a "slush fund".
But Havana took over the brunt of the measures that experts say will affect the country's stagnant economy.
Bolton said the US would introduce restrictions on "non-family" travel to lower the amount of money Americans spend on tourism in the country, an industry which, according to Bolton, is controlled by the regime.
Tourism is a structural factor In the Cuban economy, a strong stream of visitors came to the island as President Obama facilitated the journey for US citizens. But since the inauguration of President Trump and the withdrawal of several politicians from the Obama era, the industry has seen a decline.
Bolton also announced a cap on remittances to Cuba of $ 1,000 per person per quarter. The Obama administration has lifted remittance limits, and the US Department of State said US bank transfers to Cuba totaled $ 3 billion in 2016, the Associated Press reports.
One of the participants in the speech told the AP that he believes the measures announced by Bolton will overthrow the government of Cuban President Miguel Díaz-Canel.
"Today is a big day," said Rafael UsaTorres, a member of the 2506 Brigade that worked for the CIA during the Bay of Pigs Bay's failed invasion in 1961. "But I am very sad – wait too many years."