The News
Sunday 24 of November 2024

US to allow lawsuits over properties seized by Castro's Cuba


AP Photo,FILE - In this Feb. 18, 2019, file photo, national security adviser John Bolton speaks to the Venezuelan American community in Miami. The Trump administration is poised to step up pressure on Cuba by allowing lawsuits against foreign companies doing business in properties seized from Americans after the island’s 1959 revolution. The move marks a change in more than two decades of U.S. policy on Cuba. It could deal a severe blow to Cuba’s efforts to draw foreign investment, and spawn international trade disputes between the U.S. and Europe. (AP Photo/Luis M. Alvarez, File)
AP Photo,FILE - In this Feb. 18, 2019, file photo, national security adviser John Bolton speaks to the Venezuelan American community in Miami. The Trump administration is poised to step up pressure on Cuba by allowing lawsuits against foreign companies doing business in properties seized from Americans after the island’s 1959 revolution. The move marks a change in more than two decades of U.S. policy on Cuba. It could deal a severe blow to Cuba’s efforts to draw foreign investment, and spawn international trade disputes between the U.S. and Europe. (AP Photo/Luis M. Alvarez, File)

WASHINGTON (AP) — The Trump administration is preparing to change a longstanding U.S. policy on Cuba.

The administration is expected to announce Wednesday that it will allow lawsuits against foreign companies doing business in properties seized from Americans after Cuba’s 1959 revolution.

A law passed in 1996, the Helms-Burton Act, gives Americans the right to sue the mostly European companies that operate out of hotels, tobacco factories, distilleries and other properties that Cuba nationalized after Fidel Castro took power. The act even allows lawsuits by Cubans who became U.S. citizens years after their properties were taken.

But every U.S. president since Bill Clinton has suspended the key clause to avoid trade clashes and a potential mass of lawsuits that would prevent any future settlement with Cuba over nationalized properties.