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[87] [88] In 2001, the U.S. International Trade Commission found that, from 1996 and 1998, without the embargo, Cuban imports to the U.S. would be worth $658 million. [89] In 2002, the U.S.-based, anti-embargo Cuba Policy Foundation estimated that the embargo costs the U.S. economy $3.6 billion per year in economic output. [90]
The United States embargo against Cuba began on March 14, 1958, during the overthrow of dictator Fulgencio Batista by Fidel Castro during the Cuban Revolution. At first, the embargo applied only to arms sales; however, it later expanded to include other imports, eventually extending to almost all trade on February 7, 1962. [58] Referred to by ...
Following the American embargo, the Soviet Union became Cuba's main ally. The Soviet Union did not initially want anything to do with Cuba or Latin America until the United States had taken an interest in dismantling Castro's communist government. At first, many people in the Soviet Union did not know anything about Cuba, and those that did ...
President John F. Kennedy widened the embargo in 1962 to include all Cuban trade, including food and medicine. Kennedy later imposed travel restrictions to Cuba after the Cuban Missile Crisis in 1963.
After the opening of the island to world trade in 1818, trade agreements began to replace Spanish commercial connections. In 1820 Thomas Jefferson thought Cuba is "the most interesting addition which could ever be made to our system of States" and told Secretary of War John C. Calhoun that the United States "ought, at the first possible opportunity, to take Cuba."
The Canadian government, which maintained more positive relations with Cuba than the United States did during and after the Cold War, also responded favorably, with Foreign Minister John Baird suggesting to The Atlantic commentator Jeffrey Goldberg that the policy shift could help "transform" Cuba for the better.
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States between the Union [e] ("the North") and the Confederacy ("the South"), which was formed in 1861 by states that had seceded from the Union.
The United States invaded and occupied Spanish-ruled Cuba in 1898. Many in the United States did not want to annex Cuba and passed the Teller Amendment, forbidding annexation. Cuba was occupied by the U.S. and run by military governor Leonard Wood during the first occupation from 1898 to 1902, after the end of