Sen. Wyden offers bill to lift Cuba embargo, bolster trade relations

Senate Finance Committee ranking member Ron Wyden (D-OR) introduced legislation today aimed at bolstering trade relations with Cuba by repealing what he calls “outdated sanctions,” a move that follows President Trump's recent imposition of trade restrictions on the country. Trump in mid-June, signed a policy memorandum directing the Treasury and Commerce departments within 30 days to begin developing rules that would erect barriers in U.S. -Cuba trade. In response, Wyden's U.S.-Cuba Trade Act of 2017 would lift the “major statutes...