Canadian Miner Says It’s Assessing Trump’s Latest Cuba Sanctions

May 5, 2026, 2:04 AM UTC

A Canadian mining company that is among Cuba’s largest foreign investors is consulting with advisers and stakeholders after President Donald Trump expanded US sanctions against the struggling Caribbean nation.

Sherritt International Corp., which is due to report earnings next week, issued a statement Monday after markets closed saying it’s assessing the implications of Trump’s latest measures.

The executive order signed on Friday targets almost any non-US citizen or entity that conducts business on the communist-run island, which has been subject to broad economic sanctions since the 1960s. The new measures will focus on key sectors including defense, mining, finance ...

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