HOW DONALD TRUMP'S COMPANY VIOLATED THE UNITED STATES EMBARGO AGAINST CUBA

[sinkspur]

http://www.newsweek.com/2016/10/14/donald-trump-cuban-embargo-castro-violated-florida-504059.html

HOW DONALD TRUMP'S COMPANY VIOLATED THE UNITED STATES EMBARGO AGAINST CUBA

BY KURT EICHENWALD ON 9/29/16 AT 5:42 AM

A company controlled by Donald Trump, the Republican nominee for president, secretly conducted business in communist Cuba during Fidel Castro’s presidency despite strict American trade bans that made such undertakings illegal, according to interviews with former Trump executives, internal company records and court filings.

Documents show that the Trump company spent a minimum of $68,000 for its 1998 foray into Cuba at a time when the corporate expenditure of even a penny in the Caribbean country was prohibited without U.S. government approval. But the company did not spend the money directly. Instead, with Trump’s knowledge, executives funneled the cash for the Cuba trip through an American consulting firm called Seven Arrows Investment and Development Corporation. Once the business consultants traveled to the island and incurred the expenses for the venture, Seven Arrows instructed senior officers with Trump’s company—then called Trump Hotels & Casino Resorts—how to make it appear legal by linking it after-the-fact to a charitable effort.

The payment by Trump Hotels came just before the New York business mogul launched his first bid for the White House, seeking the nomination of the Reform Party. On his first day of the campaign, he traveled to Miami where he spoke to a group of Cuban-Americans, a critical voting bloc in the swing state. Trump vowed to maintain the embargo and never spend his or his companies’ money in Cuba until Fidel Castro was removed from power.

More at link

[Suppressed]

"That's called business, by the way."

[TomSea]

Why hasn't anything come of this, this is 18 years ago.

[kevindavis007]

Why hasn't anything come of this, this is 18 years ago.

You are really surprised it came out now??

[Idaho_Cowboy]

So much for America First. With Trump it is always Trump's wallet first. Always has been, always will be.

[kevindavis007]

So much for America First. With Trump it is always Trump's wallet first. Always has been, always will be.

Well the source is Newsweek..

[ABX]

What's the big deal about doing business illegally with Communists. It is just business.

Obviously the anti-Trumpers tricked Our Donald into these illegal transactions. He just wanted to Make America Great Again and was told that Cuba was in the Americas, so you know, it is all OK.

[ABX]

Why hasn't anything come of this, this is 18 years ago.

Cronyism

[kevindavis007]

Cronyism

To be honest, I don't know why the left is upset.. They hated the Cuban embargo..

[HonestJohn]

To be honest, I don't know why the left is upset.. They hated the Cuban embargo..

Because Trump is saying to Cubans in Florida that he'd fully enforce the now loosened embargo.

If his companies violated the embargo then... how can the Cubans in Florida trust Trump now?

[kevindavis007]

Because Trump is saying to Cubans in Florida that he'd fully enforce the now loosened embargo.

If his companies violated the embargo then... how can the Cubans in Florida trust Trump now?

Kiss Florida good bye if true..

[jmyrlefuller]

What's the big deal about doing business illegally with Communists. It is just business.

(But yet when you point out that he has no experience governing, he's a successful private sector businessman. Clown nose on, clown nose off.)

[Smokin Joe]

Why hasn't anything come of this, this is 18 years ago.

People had other fish to fry. Clinton was in the Lewinsky scandal that year.
But now that Donnie is a candidate for POTUS, I'd expect his past will be gone over with a fine toothed comb.

[TomSea]

Newsweek's Trump-Cuba Story Lacks Perspective

This morning, Newsweek published a rather sensationalist (and hypocritical) story on Trump's involvement with a consulting firm that took a scouting trip to Cuba in 1998.

Here's the gist.

Trump's company apparently hired a consulting firm, Seven Arrows Investment and Development Corporation ("Seven Arrows"), to do a scouting trip to Cuba in 1998. Months after, Seven Arrows billed Trump's company over $68,000 for the trip.

In the late 1990s — like today — the Bill Clinton Administration was licensing and encouraging U.S. companies to take scouting trips to Cuba, with the hope they would return and lobby Congress to ease the sanctions that he codified into law in 1996. Sound familiar? At the time, the U.S. Chamber of Commerce was forming coalitions to do business in Cuba with the same zeal as today.

Also, like today, these scouting trips could be legally licensed. What was illegal — and remains illegal (with the statutory exceptions of telecom connections, and cash sales for agriculture, medicine, and medical equipment) — is actually transacting business with the Castro regime.

Breaking News at Newsmax.com http://www.newsmax.com/MauricioCarone/trump-cuba-newsweek/2016/09/29/id/750851/#ixzz4Lk7jXX2q