In short, the US embargo impacts every aspect of life on the island – and that is the precisely the point. Sixty years ago on this day, President John F Kennedy introduced Proclamation 3447, Embargo on All Trade with Cuba, designed to isolate Cuba and stop the spread of so-called Sino-Soviet Communism “Every possible means should be undertaken promptly to weaken the economic life of Cuba,” the assistant secretary of state, Lester D Mallory, wrote in an April 1960 memo. The goal of the Kennedy administration was clear: “To bring about hunger, desperation and overthrow of government.”
Today, Joe Biden lives up to Kennedy’s legacy and the ambitions of his Cuban embargo. Not only has the president refused to undo the extraordinary sanctions imposed by the Trump administration, reneging on his campaign promise to restore diplomatic relations and leaving Cuba on the list of “state sponsors of terrorism”. He has also doubled down on the embargo, tightening restrictions and imposing a host of new sanctions against the Cuban government.
Both the Biden administration and its Republican opposition claim that these measures are targeted at the regime, rather than the Cuban people. But the evidence to the contrary is not only anecdotal. The UN estimates that the embargo has cost Cuba over $130bn in damages – costs that are compounded by the penalties imposed by the US Office of Foreign Assets Control (OFAC) on Cuba’s allies and investors. Between April 2019 and March 2020 alone, OFAC penalties amounted to over $2.4bn, targeting banks, insurance firms, energy companies and travel agencies alike.
The effect of the embargo is therefore both local and global: it cripples the Cuban economy and undermines the multilateral system that the US claims to lead.
From the guardian, a liberal mainstream publication
https://www.theguardian.com/commentisfree/2022/feb/03/cuba-us-embargo-must-end