This isn’t meant to be a discussion on the morality of the embargo, but the affects of the embargo ending for both countries. These affects can be political, economic, or social.
Nothing because embargos/sanctions don’t work. Well except for alleviating the suffering that they needlessly cause.
They work in that they reduce resources, and make acquiring some things impossible or extremely limited.
They’re just not good at actually changing policy. Actually harmful even, as the state you’re trying to harm has a ready excuse at hand for any problems.
A lot more tourism to Cuba from the US.
realisticly, i dont think much outside of trade restrictions to cuba would help them. politically on the states side whichever party removes it loses a lot of Cuban voters who migrated to Florida who are in the camp of not liking Cuba. can potentially turn the state the other parties color goven how swingstatey Florida is on its own.
You don’t think trade with the world’s biggest economy and closest physical neighbor would have much of anmeffect?
not saying trade wont have an effect, its just definitely on one side, it would be minimal, and Cuba for sure would benefit (heavily) from not having import restrictions. Relationships between the twp countries at least immediately, would not change.
Right.
That said, Cuba doesn’t really have import restriction, it’s the US has export restrictions.
Not exactly.
Any ship that docks in Cuba is barred entry to US ports in the next 180 days.
The US can also sanction foriegn companies that trade with Cuba.
It’s not a blockade but it has a chilling effect on trade.
yeah effectively the same if its in context of just the two countries i guess. Regardless, Cuba has a lot to gain on being able to trade for cheap produce made in the U.S, and at least, have another large country to compete for sales outside of Brazil (whose fast tracked into being virtually the largest agrarian society these days)
the end result is basically Cuban Tourism goes up, U.S exports to Cuba drives food prices down.
The food prices falling might actually result in a net negative impact on their economy.
If local producers can’t viably compete with aggressively low priced American crops, they’ll lose out heavily.On the whole, the tourism will probably bring in a lot of money, but a good chunk of it would leave the island immediately, and they’d have to wrangle a flood of goods they didn’t have to compete with before.
(A lot of Caribbean islands end up in situations where the major tourist hubs are owned by American companies that pay locals as little as possible and then ship the profits back to the US. So the island just sees the benefit of 40 jobs, not 200 high paying tourists a month)the type of crops cuba grows arent the main exports that the U.S typically goes through. iirc theyre big on sugarcane and rice, neither of which are major US exports reletive to the global scale of exports.
at worst, the citrus market in cuba crumbles, but thats less significant than the above two.
We actually export a huge amount of rice. https://fas.usda.gov/data/commodities/rice (3 million tons exported, to Cuba’s 200k total production). We’re actually the fifth largest exporter.
We also produce more sugar cane, but Brazil is the real power player there.Cuba wouldn’t be alone in being injured by US agricultural exports. Our volume and low cost can, for example, make people prefer imported American grains over domestic production, even if they’re different types.
Florida has already gone pretty Republican, so I don’t imagine that changing.
Significant improvement in the quality of life of Cubans. Probably also increase US tourism to Cuba. Not sure if it would have any real impact on the average US citizen.
Some have mentioned medical tourism. Could an industry grow around that? Would American insurance programs start covering work done in Cuba?
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Just to shine light on something positive for the US, it could be a good thing for American rice growers as Cuba could possibly become large buyer of USA rice
I would also expect American pork to be big in Cuba as well.
Mass medical tourism and the collapse of the corporativist medical industry in the US.
Who do you think will build resort hotels?
The US would start importing Havana Club
I’m thinking about a holiday there - friends who’ve been really enjoyed it. The beaches, the food, the music. https://www.onthebeach.co.uk/destinations/caribbean/cuba
Even during the ‘open’ Obama years, tourism for Americans was severely limited by the lack of banking interchange between US banks and Cuban ATMs and credit card networks. You have to bring cash and use a currency exchange, and if you run out you have no way of getting more money from your American bank. Other countries’ networks don’t have this issue, but it would need to be fixed for Americans to visit and spend money.
I’m glad the internal currencies of CUC vs CUP have been resolved, though a massive influx of tourist dollars would strain the existing economic systems of Cubans being paid for jobs other than tourism.
It would improve living standards and mortality rates for Cuban citizens.
For the US, the change would be minimal. The economy of Cuba is so small by comparison and they don’t have a heavy industry or tech sector to offer much to the US economy. Most outflows of money would likely be in tourism by US citizens to Cuba. And maybe some businesses would find ways to offshore some work. But again, I think the overall impact would be small.
As for Cuba, it really depends on the Cuban Government. Trade with the US and tourism are likely to have a much larger impact (as a percentage of GDP) on Cuba. The country could well see a sizeable influx of foreign cash. Managed well, this could create a lot of opportunity for the Cuban people. Managed by a corrupt regime, intent on enriching itself and it’s friends, this could lead to the same type of misery which usually results from corrupt government.
The US economy is so gigantic compared to Cuba’s that I don’t see it changing much at all for the US—maybe some medical advancements. For Cuba it would mean being able to acquire goods at more reasonable rates and probably a much bigger tourist trade if they’re not careful. Edit and better internet, I hear that’s important.
Same thing that would happen if sanctions on Afghanistan were lifted. Regular people’s lives would improve as the country could import what they need (Cuba is really lacking in cement and medical supplies for example iirc, and they can’t import them cuz of the embargo).
Obviously not much would change in the US, aside from some people realizing socialism isn’t too bad when you’re not a tiny country sanctioned and blockaded by the most war-mongering nation in the world.
They’d both suddenly benefit… the impact on America would be pretty minimal economically simply due to scale but it probably would improve health by moving us partially off corn syrup. And for Cuba it’d end decades of arbitrary economic kneecapping by the US. Tourism would probably explode since it’d be a shorter flight than cancun from the east coast and, y’know, not fucking Florida.
I don’t think it would have any significant impact on corn syrup usage.
The US already produces about nine times more sugar cane than Cuba does. We also import it from countries like Brazil and the other Caribbean islands.Our usage of corn syrup is because it’s very cheap to begin with, and for various reasons it’s desirable to keep food production, including corn, higher than demand would normally require.
That has one effect of further lowering the price of corn syrup.The only thing that’ll get us to cut back the amount of corn syrup in foods is the (slow) growing trend of consumers preferring foods that don’t have added sugar, which would also preclude cane sugar.
Corn syrup is mainly cheap because of the huge subsidies, putting that money to better use supporting veggie or fruit production would make us all a lot healthier
It’ll still be cheap and easy to use without the subsidies, since it’s not like we’re going to stop growing the corn even if it’s more expensive. Lowering the price of healthier foods will do a lot of good, but there’s also the part where people need to change their tastes.
We just like food that’s too sweet.