US President Donald Trump looks on during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on January 29, 2026. US President Donald Trump threatened ⁠new tariffs on Thursday on countries supplying oil to Cuba, escalating a pressure campaign against the Communist-run island and long-time foe of the United States. Read moreCuba's Diaz-Canel says there are no current talks with US after Trump threats"What is the goal? Trump said this week that "Cuba will be failing pretty soon," adding that Venezuela, once the island's ‌top oil supplier, has not recently sent oil or money to Cuba. Cuba's president, Miguel Diaz-Canel, said this month that Washington had ‍no moral authority to force a deal on Cuba after Trump suggested the Communist-run island ‌should strike ​an agreement with the US.