President Donald Trump signed a National Security Presidential Memorandum (NSPM) strengthening U.S. policy toward Cuba, reinstating a hardline approach that rolls back some measures enacted by the Biden administration.
The new memorandum explicitly prohibits direct or indirect financial transactions with Cuban military-controlled entities, including Grupo de Administración Empresarial S.A. (GAESA), which manages a large share of Cuba's tourism infrastructure. Exceptions are allowed only for activities that "advance U.S. policy goals or support the Cuban people," the document says.
