At a glance
Cuba's government reported record economic damage of $8 billion from the US embargo and said no talks are possible despite the blockade. The embargo continues to deepen Cuba's economic crisis.
Cuba's government reported record economic damage of $8 billion attributed to the US embargo and stated that no talks are possible while the blockade remains in place. The $8 billion figure represents Cuba's accounting of losses, not an independent audit, but the magnitude reflects real constraints on Cuba's trade and access to capital. The government's insistence that no negotiations can happen until the embargo lifts sets a precondition that the US hasn't agreed to meet.
The embargo has been in place for over 60 years. At this point, it's partly a negotiating position on both sides and partly infrastructure—a embargo that's been law for decades is hard to untangle even if both sides theoretically wanted to. Cuba citing record damage suggests the policy is biting harder now, possibly due to other sanctions or isolation mechanisms layered on top.
Citation trail
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