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Trump renewed "friendly takeover" threats against Cuba as the island faces severe energy shortages after the U.S. cut off Venezuelan oil following Maduro's January ouster. Secretary of State Rubio is handling communications with Havana, which denied formal talks while confirming government-to-government contact.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump renewed his threat of a friendly takeover of Cuba and said the
00:06island's communist government is in deep trouble as the country faces a worsening economic crisis,
00:12according to CNBC. Speaking at a news conference in Doral, Florida, Trump said Secretary of State
00:18Marco Rubio is dealing with Cuba's leadership while the island struggles with energy shortages
00:23and financial strain. The administration has increased pressure on Havana since the January
00:283rd military operation that deposed Venezuelan President Nicolas Maduro, a longtime Cuban
00:34ally. U.S. actions have cut Cuba off from Venezuelan oil and included threats of tariffs on countries
00:40supplying the island with fuel. Cuban officials denied talks with Washington but confirmed
00:45communications between the two governments. For all things money, visit Benzinga.com.
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