The Trump administration just made it harder to travel to and send money to Cuba

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FILE - In this Feb. 18, 2019, file photo, national security adviser John Bolton speaks to the Venezuelan American community in Miami. The Trump administration is poised to step up pressure on Cuba by allowing lawsuits against foreign companies doing business in properties seized from Americans after the island's 1959 revolution. The move marks a change in more than two decades of U.S. policy on Cuba. It could deal a severe blow to Cuba's efforts to draw foreign investment, and spawn international trade disputes between the U.S. and Europe. (AP Photo/Luis M. Alvarez, File)Associated Press

  • The Trump administration on Wednesday announced new restrictions on travel to Cuba as well as the amount of money Cuban Americans can send to relatives on the island.
  • Former President Barack Obama eased restrictions on economic activities with and travel to Cuba, but President Trump has sought to roll them back. 
  • National Security Adviser John Bolton said the changes are meant to reverse "the disastrous Obama-era policies, and finally end the glamorization of socialism and communism."

National Security Adviser John Bolton on Wesdnesday announced new restrictions the Trump administration is imposing on travel to Cuba as well as the amount of money Cuban Americans can send to relatives on the island. 

Bolton summarized the new restrictions during a speech in Miami, which he said are linked to the Cuban government’s support for Nicolas Maduro in Venezuela.

He also made it clear this move is part of the Trump administration’s efforts to roll back former Prsident Barack Obama’s decision to open up travel and economic activities with Cuba. 

"In no uncertain terms, the Obama administration’s policies toward Cuba have enabled the Cuban colonization of Venezuela today," Bolton said. 

The national security adviser added that changes are meant to reverse "the disastrous Obama-era policies, and finally end the glamorization of socialism and communism," The Miami Herald reported.

 

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Source: Business Insider – feedback@businessinsider.com (John Haltiwanger)

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