Cuba’s entrepreneurs are under attack by Donald Trump

The Trump administration is setting out to crush free markets in Cuba. This week, White House National Security advisor John Bolton announced new policies to further restrict US travel to Cuba, allow lawsuits against businesses operating there, and reduce the previously unlimited amount of money that Cuban-Americans can send back to their families on the island to $1000 per person every three months. If fully enacted, the policies will crimp the Cuban government’s access to foreign exchange, but in the process it will damage Cuba’s nascent private sector far more than a ruling regime that has out-lasted six decades of US embargo.