Market
Cuban government's primary response to U.S. trademark law by June 30, 2025?
2
Resolution / Starting Odds
File WTO complaint • 25%
Diplomatic negotiations • 25%
Retaliatory trade measures • 25%
No significant response • 25%
Official Cuban government statements and actions
Story
Biden Signs December 2 Law Blocking Cuban Trademarks, Secures Bacardi's Havana Club Rights
Dec 3, 2024, 05:15 PM
President Joe Biden has signed a bill into law on December 2 that bans the enforcement or validation of trademarks confiscated by the Cuban government. The legislation, supported by bipartisan efforts, aims to prevent intellectual property taken by Cuba's communist regime from being recognized in U.S. courts. This move directly impacts the long-standing legal dispute over the 'Havana Club' rum brand, solidifying Bacardi's rights to the trademark in the United States. The Cuban government has criticized the law, accusing the U.S. of attempting to 'steal Cuban brands.' The White House and supporters of the bill argue that it protects U.S. companies from intellectual property violations by foreign regimes.
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No significant diplomatic action • 25%
Recall of Cuban ambassador to the U.S. • 25%
Formal complaint to the United Nations • 25%
Increased economic cooperation with Russia/China • 25%
No significant response • 25%
Diplomatic engagement • 25%
Increased economic partnerships with other countries • 25%
Military posturing • 25%
Further easing of sanctions • 25%
Reimposition of sanctions • 25%
No significant changes • 25%
Restoration of full diplomatic relations • 25%
No significant response • 25%
Release of political prisoners • 25%
Economic reforms • 25%
Other diplomatic gestures • 25%
Venezuela • 25%
Other • 25%
China • 25%
Russia • 25%
No • 50%
Yes • 50%
Focusing on Latin American alliances • 25%
Improving relations with the EU • 25%
Strengthening ties with Russia and China • 25%
Pursuing broader international recognition • 25%
Continues support without further action • 25%
Engages in direct negotiations • 25%
Withdraws support • 25%
Increases diplomatic pressure on Israel • 25%
Diplomatic engagement with US • 25%
Strengthening ties with US adversaries • 25%
No significant action • 25%
Other • 25%
