Story perspectives

Cuba Approves Private-Sector Reforms, Triggers New US Sanctions

7/1/2026

Summary

Story summary

Cuba’s National Assembly approved 176 measures expanding private business, allowing free hiring, and authorizing private banks.
Foreign Minister Bruno Rodríguez said talks with the United States are at a standstill and that reforms were not discussed.
The United States imposed new sanctions on President Miguel Díaz-Canel, other officials, and companies after the reforms.
Rodríguez blamed President Donald Trump’s January oil embargo for blackouts, fuel rationing, internet outages, and transport services.

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Story summary

Cuba’s National Assembly approved 176 measures expanding private business, allowing free hiring, and authorizing private banks.
Foreign Minister Bruno Rodríguez said talks with the United States are at a standstill and that reforms were not discussed.
The United States imposed new sanctions on President Miguel Díaz-Canel, other officials, and companies after the reforms.
Rodríguez blamed President Donald Trump’s January oil embargo for blackouts, fuel rationing, internet outages, and transport services.