Exclusive: Mexico seeking way to send fuel to Cuba without being hit by US tariffs, sources say

Source: Reuters (via feed)

Mexican officials are exploring methods to deliver fuel to Cuba without provoking U.S. tariffs. The United States has threatened to impose tariffs on countries providing fuel to the Caribbean island. Four sources familiar with this matter said Mexico is assessing options to avoid these penalties. The fuel is intended to support Cuba’s basic needs, including electricity and transportation. Meanwhile, Mexico seeks to maintain relations with both Cuba and the United States. The approach to fuel shipments has not been finalized. Mexican authorities have not commented officially on the matter. The situation highlights tensions over U.S. sanctions aimed at Cuba. Mexico’s efforts indicate a desire to navigate these challenges carefully. The U.S. measures target attempts to bypass restrictions on Cuban fuel imports. Mexico’s strategy could influence regional trade dynamics related to energy supplies.

BizTrendWire Insight:

Mexico’s search for a way to supply Cuba fuel without triggering U.S. tariffs affects trade flows and regulatory compliance for regional energy markets.


Read full story on Reuters

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