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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

March 16, 2026

Will the Cuban Government Be Able to Placate Trump?

Cuban President Miguel Díaz-Canel has said the country needs “urgent” economic reforms amid intense economic pressure from the administration of U.S. President Donald Trump. // File Photo: duma.gov.ru via Wikimedia Commons CC BY 4.0.

Q

Cuban President Miguel Díaz-Canel on March 2 told the country’s Council of Ministers that Cuba needs “urgent” economic reforms, a statement that came amid escalating U.S. economic restrictions on Cuba, which have worsened fuel and food shortages on the island. Díaz-Canel’s remarks came after U.S. President Donald Trump on Feb. 27 told reporters that his government is in talks with Havana, adding, “Maybe we’ll have a friendly takeover of Cuba.” What kind of economic reforms will Cuba’s government likely implement? To what extent can policymakers in Cuba feasibly take steps to alleviate the country’s fuel and food shortages? What’s the state of U.S.-Cuba relations, and what will ultimately result from U.S. pressure on Cuba?

A

Featured Expert Commentary:

Carlos A. SaladrigasChairman of the Cuba Study Group and Regis HR Group
María José Espinosa CarrilloExecutive director of the Center for Engagement and Advocacy in the Americas (CEDA)
Pavel VidalProfessor in the Department of Economics at Pontifical Xavierian University in Cali, Colombia and former analyst in the monetary policy division at the Central Bank of Cuba
Michelle ChaseAssociate professor of history and director of Latin American studies at Pace University

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. 

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Merike Blofield
Professor of Political Science,
University of Hamburg

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Government Relations, Arcos Dorados

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

SUBSCRIPTION RATES

The Advisor serves a range of audiences spanning Fortune 500 companies to individual readers. If you are an academic institution, nonprofit organization, or individual reader please reach out to Development and Partnerships Manager, David Mauer, for discounted subscription pricing.

Industry subscribers – the following annual pricing covers up to five readers in subscribing organization, please reach out to David Mauer for information on subscriptions including additional readers.

$3,500
The Latin America Advisor
$500
Archive access
$500
Each additional newsletter – the Energy Advisor and the Financial Services Advisor

Members of the Dialogue’s Corporate Program receive unlimited access to the Advisor publications and archive access. To learn more about the benefits of the Corporate Program, please reach out to David Mauer.

Board of Advisors

Merike Blofield
Professor of Political Science,
University of Hamburg

Joyce Chang
Global Head of Research,
J.P. Morgan Chase & Co.

Marlene Fernández
Corporate Vice President for Government Relations, Arcos Dorados

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Covista

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig A. Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

John Maisto
Director,
US Education Finance Group

Nicolás Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

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