Trump to allow U.S. lawsuits against foreign firms doing business in Cuba: official

[TomSea]

Trump to allow U.S. lawsuits against foreign firms doing business in Cuba: official
Matt Spetalnick

WASHINGTON (Reuters) - The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies in communist-ruled Cuba that use properties confiscated from Cuban Americans and other U.S. citizens during the revolution that began in the 1950s, a senior U.S. official said on Tuesday.

The move, which will be announced on Wednesday, could expose U.S., European and Canadian companies to legal action, dealing a blow to Cuba’s efforts to attract more foreign investment. It is also another sign of Washington’s efforts to punish Havana over its support for Venezuela’s socialist President Nicolas Maduro

President Donald Trump’s national security adviser John Bolton on Wednesday will explain the administration’s decision in Miami on Wednesday and will also announce new sanctions on Cuba, Venezuela and Nicaragua, the official said, speaking on condition of anonymity.

Read more at: https://www.reuters.com/article/us-usa-cuba-idUSKCN1RS1VY

Seems like a good thing.