The government of President Donald J. Trump imposed financial sanctions this Thursday against Fidel Ernesto Castro Calis, grandson of former dictator Raúl Castro.
It also applied restrictions to the Foreign Bank of Cuba, a financial entity that carries out a large part of the financial operations of the Castro-communist regime.
“These designations reflect President Trump’s unwavering vision of a free Cuba,” Secretary of State Marco Rubio said in a statement.
Fidel Ernesto Castro is one of the sons of Alejandro Castro Espín, son of Raúl Castro and director of Intelligence of Cuba also sanctioned by Washington.
More sanctions
The Trump Administration also imposed measures this Thursday against the Foreign Bank of Cuba, which finances foreign trade and international transactions of the Havana regime, as well as several energy companies that it accuses of exploiting the sector for the benefit of the Cuban Government.
In recent months, the United States has imposed sanctions on various Cuban authorities, including the designated ruler and spokesperson, Miguel Díaz-Canel, as well as members of the Castro family.
The sanctions imply the prohibition of carrying out financial and commercial transactions with designated persons and entities, whose assets under US jurisdiction are blocked.
The change in US foreign policy towards Havana is part of the pressure strategy that the Trump Government exerts on the Castro dictatorship in Cuba to force radical economic and political changes in the country.
Since the capture in January 2025 of Venezuelan drug dictator Nicolás Maduro, in a US military operation in Caracas, Trump ordered an oil blockade of Cuba that has aggravated the economic crisis on an island with an authoritarian socialist system that has plunged the country into ruins and general misery.
Companies leave Cuba
More than 90% of the products consumed in the country come from abroad due to an economy that produces almost nothing and in the midst of a general deterioration for decades, which worsened after the departure from power due to illness of the dictator Fidel Castro.
Castro swindled and deceived hundreds of businessmen and companies that invested in Cuba and never paid them, using political and sexual blackmail in all cases.
After the new sanctions on companies that trade with the island, the few companies that decided to invest in the so-called “Prison Island” have left Cuba, such as the Spanish hotel chain Meliá and the Canadian mining company Sherritt International, which exploited the nickel and cobalt deposits in the east of the country.
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