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Lift the Trade Embargo on Cuba

Created by I.A. on October 25, 2014

For over 50 years, the U.S. Federal Government has restricted businesses and people under it's jurisdiction from trading with Cuba.This is a trace of cold-war sentiment that is not very relevant in today's world and economy. Estimates place the cost of the Cuban embargo to the US economy between $1.2 and $4.84 billion annually. A 2010 study by Texas A&M University calculated that 6,000 American jobs could be created by lifting the embargo. This could also lead to a new ally in the fight against ebola, as Cuban doctors have been making a huge contribution. The trade embargo is a relic of the Cold War, just like North Korea. It is unnecessary in this day and age to refuse to trade with Cuba.

Economy & Jobs
Foreign Policy
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