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cuba trade

U.S.-Cuba Trade Relationship: Past, Present, and Possible Future

Since December 2014, when the United States and Cuba announced the intention to restore diplomatic ties for the first time in more than half a century, the U.S. has taken steps to ease restrictions on trade, remittances, and travel to Cuba. The actions have generated a wave of enthusiasm about the economic opportunities that a more normal relationship between the two countries could create.

A recent report by the Economic Research Service (ERS) considers potential impacts of more normal commercial ties between the two countries on bilateral agricultural trade.