History Of The Embargo

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Introduction In the year 1960, Cuba decided to nationalize all US business in Cuba without compensating them. The United States quickly started imposing sanctions against Cuba, but the embargo did not become official until 1962. Capitalist United States wanted to change communist Cuba, but the sanctions, after more than 50 years, have not forced Cuba to transition away from communism. There has been many complications and changes over the years, and it has led to today with current United States President Obama wanting to lift the embargo. In this paper I will discuss the pro and con arguments supporting the embargo, and give my opinion on whether it is better to keep or lift the embargo.
History of the Embargo In April of 1959, Fidel Castro forced Fulgencio Batista to flee, and became the prime minister of Cuba. In the same year, United States Vice President Nixon visited Castro in an unofficial meeting trying to move him to the right. However, Castro did not cooperate with the United States and decided to nationalize all United States business in Cuba, without compensation. The United States reacted by imposing the embargo soon after. In 1961, Castro proclaimed Cuba as a communist state. During these years, both countries were close to a nuclear war, but it did not happened after
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Adding that Cubans do not have access to technology, affordable food, medicine, and other goods that could be available to them if the United States traded with them. The United States Chamber of Commerce also opposes the embargo claiming that it costs the economy $1.2 billion annually in exports. A non-profit organization also claims that the embargo costs the economy up to $.4.8 billion in agricultural exports and related output. A study by Texas A&M University calculated that up to 6,000 jobs can be added if the embargo is

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