U.S. Limits How Much Money Cuban Americans Can Send Family In Cuba

The transcript discusses new sanctions imposed by the U.S. Treasury Department on Cuba, including a $1000 cap per quarter on family remittances and a prohibition on remittances to close family members of prohibited Cuban officials and Communist Party members. Treasury Secretary Steven Mnuchin stated these measures aim to financially isolate the Cuban regime while supporting the Cuban people. The Trump administration has also restricted non-family travel to Cuba, reversing previous sanctions loosening to prevent U.S. dollars from reaching Cuban military and security services. These changes take effect on October 9th.

What is the maximum amount Cuban Americans can send to their family in Cuba per quarter under the new regulations?

• $2000

• $1500

• $1000

• $500

Who is prohibited from receiving remittances under the new U.S. Treasury regulations?

• Cuban students

• Members of the Cuban Communist Party

• Cuban business owners

• All Cuban citizens

What is the primary goal of the U.S. Treasury's new measures against Cuba?

• To promote Cuban culture

• To increase tourism to Cuba

• To financially isolate the Cuban regime

• To support Cuban businesses

What action did the Trump administration take in June regarding travel to Cuba?

• Allowed unrestricted travel to Cuba

• Banned all travel to Cuba

• Encouraged educational trips to Cuba

• Further restricted non-family travel to Cuba

What is the intended effect of reversing the loosening of sanctions on Cuba?

• To increase trade with Cuba

• To keep U.S. dollars out of Cuban military hands

• To promote Cuban tourism

• To support Cuban agriculture