Impacts of Obama's Announcement of Opening New Ties With Cuba: What You Need to Know
The Obama administration announced Wednesday it would begin reversing the half-century-old US policy of isolating Cuba, including an easing of sanctions and the launch of talks to establish diplomatic relations with the island nation just 90 miles from the US. “These 50 years have shown that isolation has not worked,” Obama said in remarks delivered at the White House. The following are key items, analysis and reactions from Congress and others regarding the developments. A boxed item highlights the potential impacts for the US agribusiness sector.