White House preparing new rules to weaken Cuba embargo: sources

A vintage car drives next to the U.S. embassy in HavanaBy Marc Frank and Patricia Zengerle HAVANA/WASHINGTON (Reuters) – The White House is drafting sweeping regulations to further weaken the U.S. trade embargo on Cuba that would ease restrictions on U.S. companies and make it safer for Americans to travel there, U.S. government sources said on Thursday. The regulations could be announced as soon as Friday. U.S. companies would be allowed to establish offices in Cuba for the first time in more than half a century, according to a draft of the new rules seen by Reuters.

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