United States-Cuba Trade Act of 2026

Travel and Financial Ease: U.S. citizens and residents can travel to and from Cuba without the travel being regulated or prohibited if it would be lawful in the U.S., including transactions like banking with foreign currency drafts or traveler's checks. (Section 4)

Telecommunications Access: Common carriers are authorized to install, maintain, repair, and upgrade telecommunications equipment and facilities in Cuba, and provide services between the U.S. and Cuba. (Section 3)

Remittance Freedom: The Secretary of the Treasury is prohibited from limiting the amount of remittances sent to Cuba by persons subject to U.S. jurisdiction. (Section 7)

Trade Normalization: The bill extends nondiscriminatory treatment to the products of Cuba, applying normal trade relations treatment. (Section 6)

Diplomatic Progress: The President is directed to take steps to settle property claims of U.S. nationals and secure the protection of internationally recognized human rights through negotiations with the Government of Cuba. (Section 5)

New Security Restrictions: While current export prohibitions are removed, the President maintains the authority to impose new export controls under the Export Control Reform Act of 2018 or exercise authorities under the International Emergency Economic Powers Act if an unusual and extraordinary threat to national security, foreign policy, or the economy arises. (Section 2(c))

Money Laundering Risks: While remittances are not limited, the law maintains that this does not prohibit the prosecution of persons committing offenses related to the laundering of monetary instruments. (Section 7(b))