United States-Cuba Trade Act of 2025
Summary
United States-Cuba Trade Act of 2025
This bill repeals the trade embargo on Cuba and other provisions restricting trade and travel to Cuba.
Specifically, the bill (1) removes restrictions on certain transactions related to trademarks used in connection with a confiscated business or asset, (2) extends nondiscriminatory treatment (i.e., normal trade relations treatment) to Cuban products, and (3) prohibits and rescinds limits on remittances to Cuba.
The bill authorizes common carriers to provide telecommunications services between the United States and Cuba. In addition, travel by U.S. citizens and residents to Cuba may not be regulated or prohibited if such travel would be lawful in the United States.
The President shall take all necessary steps to engage with Cuba to (1) negotiate settlements relating to claims that Cuba had taken the property of U.S. nationals, and (2) secure the protection of internationally recognized human rights. The President may, with respect to Cuba, impose new export controls and exercise powers related to declared national emergencies.
The President must submit a specified determination about a foreign country to Congress prior to denying an income tax credit for taxes paid to the foreign country.
Timeline
- Jan 16, 2025Read twice and referred to the Committee on Finance.
- Jan 16, 2025Introduced in Senate
Cosponsors
In the News
- Congress’ victory in K’taka Assembly polls was result of collective efforts, says minister Patil - Social News XYZ
- RAPID RESPONSE: Let Cuba live! - People's World
- McGovern Introduces New Bill To Repeal U.S. Embargo Against Cuba - House.gov
- Lipedema World Alliance Delphi Consensus-Based Position Paper on the Definition and Management of Lipedema: Results from the 2023 Lipedema World Congress in Potsdam - Nature
- Trump Approval Rating Is Double Digits Higher Than Democrats in Congress - Newsweek
- Republicans Hold Firm on Filibuster and Prosecutor Veto Power, for Now - The New York Times
- Health Insurance Premium Costs Will More Than Double for Millions of Americans Unless Congress Acts - Center for American Progress
- Congress and the Scope of the President’s Article II Foreign Policy Authorities - Every CRS Report
- Final Rule Implementing the Waste Emissions Charge for Petroleum and Natural Gas Systems - Harvard University
- Waste Emissions Charge - U.S. Environmental Protection Agency (.gov)