WASHINGTON: President Donald Trump announced on Friday that he was “canceling” his predecessor’s move to ease sanctions on Cuba, but in practice there will be few immediate changes. Policy reviewTrump has ordered the Treasury and Commerce Departments to begin a policy review within 30 days to design new regulations, but that process could take several months. No policy changes will take effect until the departments have finalized the new rules. However, the Treasury Department said the administration wants to ensure the policy change would not impact existing business. Trump’s changes will reverse that, reverting to the previous policy of only allowing group, educational travel.

Source: Manila Times June 17, 2017 03:11 UTC