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What will be the impact on U.S.-Cuba trade relations by December 31, 2025?
1
Resolution / Starting Odds
Increase in trade • 25%
Decrease in trade • 25%
No significant change • 25%
Other • 25%
Trade reports, U.S. Department of Commerce data, and major news outlets
Story
Biden Administration to Remove Cuba From State Sponsors of Terrorism List, Suspend Title III in Final Days
Jan 14, 2025, 06:52 PM
The Biden administration is poised to remove Cuba from the U.S. list of state sponsors of terrorism in its final days in office, according to multiple U.S. officials familiar with the matter. This decision comes after more than 1,400 days since 80 House Democrats urged President Biden to reverse the sanctions imposed by the Trump administration. The move is expected to be announced soon, with a senior Biden administration official confirming that there is no information supporting Cuba's designation as a state sponsor of terrorism. Additionally, the administration plans to suspend Title III of the Helms-Burton Act, which has had significant economic repercussions for Cuba.
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Improved relations • 25%
Uncertain outcome • 25%
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Trade war • 25%
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Trade tensions escalate • 25%
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Trade agreements reached • 25%
New trade agreement • 25%
Status quo maintained • 25%
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Status quo maintained • 25%
Trade tensions escalate • 25%
New energy trade deal • 25%
Tariffs imposed • 25%
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Deteriorated relations • 25%
Other significant event • 25%
Status quo maintained • 25%
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Other diplomatic gestures • 25%
Release of political prisoners • 25%
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