Trump Administration Indicts Raúl Castro, Targets GAESA That Controls 70% of Cuba's Economy
Updated
Updated · Fox News · May 26
Trump Administration Indicts Raúl Castro, Targets GAESA That Controls 70% of Cuba's Economy
9 articles · Updated · Fox News · May 26
Raúl Castro has been indicted as the Trump administration escalates pressure on Cuba, after the State Department on May 7 designated military conglomerate GAESA and the Sherritt-linked Moa Nickel venture.
GAESA sits at the center of the campaign because it controls roughly 70% of Cuba's economy, while U.S. officials and allies argue the regime also underpins espionage, backs Venezuela and fuels migration and drug routes.
The broader squeeze includes Cuba's continued State Sponsor of Terrorism status, restrictions on transactions with GAESA, revived Title III of the LIBERTAD Act and Executive Order 14404 sanctions authority.
The move marks a sharp break from the 2014-2017 Obama-era opening, which critics say funneled money to GAESA without loosening political repression, and signals Washington is pursuing a harder strategy toward Havana.
Is U.S. pressure pushing Cuba's vital mineral resources, like nickel, directly into the hands of China?
As sanctions cripple Cuba, what is the plan to prevent a humanitarian crisis 90 miles from U.S. shores?
Is the indictment of 94-year-old Raúl Castro about justice, or a strategic gambit in a larger geopolitical game?