India, Jan. 30 -- President Donald Trump has signed an Executive Order declaring a national emergency and establishing a process to impose tariffs on goods from countries that sell or otherwise provide oil to Cuba.
The Trump administration says the action is taken "to protect U.S. national security and foreign policy from the Cuban regime's malign actions and policies."
The Order imposes a new tariff system that allows the United States to impose additional tariffs on imports from any country that directly or indirectly provides oil to Cuba. It did not specify the new tariff rate.
The Order authorizes the Secretary of State and Secretary of Commerce to take necessary actions, including issuing rules and guidance, to implement the tariff ...