Caribbean Archive

“Effective immediately, I am canceling the last administration’s completely one-sided deal with Cuba,” President Donald Trump told a cheering crowd of Cuban exiles in Miami on June 16. That declaration was not quite true, since there was no single deal to cancel. President Barack Obama’s opening to Cuba included a series of bilateral agreements on issues of mutual interest and five packages of regulatory changes to the U.S. embargo that Obama made unilaterally in order to boost travel and trade. Trump’s new policy, embodied in a Presidential Memorandum, partially closes two holes that Obama punched in the embargo. First, Trump’s […]

In addressing the root causes of migration, building allies, developing markets and advancing U.S. interests, the Inter-American Foundation provides the best dollar-for-dollar return on U.S. investment in Latin America. Yet the Trump administration wants to end it. An independent agency of the U.S. government, the IAF has funded local development projects throughout Latin America and the Caribbean since its creation in 1969. The Trump administration’s budget proposes shutting it down to save a mere $22.5 million in appropriations this year. The administration’s budget would cut funding to the IAF to just $4.6 million in the 2018 fiscal year, with nothing […]