Investing.com — The Biden administration is expected to lift the U.S. designation of Cuba as a state sponsor of terrorism on Tuesday, as reported by the Associated Press. White House National Security Council officials have not commented on the matter.
The decision is likely to be reversed as early as next week, after President-elect Donald Trump and incoming Secretary of State Marco Rubio take office. Rubio, whose family fled Cuba in the 1950s, has been a consistent supporter of sanctions against the communist island.
The current designation was reinstated on January 11, 2021, during the final days of Trump’s first term. The move reversed the rapprochement between Cuba and the United States that took place during President Barack Obama’s second term in office.
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