Cuba still on Trading With the Enemy list

Cuba still on Trading With the Enemy list
Published: Sept. 10, 2012 at 4:32 PM

WASHINGTON, Sept. 10 (UPI) -- U.S. trade restrictions against Cuba under
the Trading With the Enemy Act will continue for one year, U.S.
President Barack Obama said Monday.

In a memorandum of determination, Obama said some authorities under the
Trading With the Enemy Act are to end Sept 14, and he determined "the
continuation for one year of the exercise of those authorities with
respect to Cuba is in the national interest of the United States."

The law gives the U.S. president the power to oversee or restrict any
and all trade between the United States and its enemies in times of war.

Cuba has been under a U.S. trade embargo for decades.

http://www.upi.com/Top_News/US/2012/09/10/Cuba-still-on-Trading-With-the-Enemy-list/UPI-50431347309139/