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  • 14-09-2021
  • Social Studies
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Castro Resigns." Why did the US impose trade sanctions against Cuba in 1962?

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27kiannasrss
27kiannasrss 27kiannasrss
  • 24-09-2021

Answer:

In February 1962, President Kennedy imposed a trade embargo on Cuba because of the Castro regime’s ties to the Soviet Union. Pursuant to the President’s directive, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued the Cuban Import Regulations. On July 9, 1963, OFAC issued a more comprehensive set of prohibitions, the Cuban Assets Control Regulations, which effectively banned travel by prohibiting any transactions with Cuba.

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