New rule may weaken U.S.-Cuba trade
New rule may weaken U.S.-Cuba trade
WASHINGTON - Some agricultural producers have raised concerns about a new regulation that requires U.S. shippers to be paid for food and other goods destined for Cuba before shipments leave U.S. ports.
The U.S. Treasury Department changed its regulations Feb. 22 and now authorizes all exports to Cuba only if payment is received by the seller before the shipment of goods leave the U.S. port.
The U.S. Treasury Department changed its regulations Feb. 22 and now authorizes all exports to Cuba only if payment is received by the seller before the shipment of goods leave the U.S. port.