United States-Cuba Trade Act of 2026

Hozzl · 2026-03-06T09:07:24Z

Explore the details of House Bill 7521 United States-Cuba Trade Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

3/6/2026, 9:07 AM

Summary of Bill HR 7521

The bill "To lift the trade embargo on Cuba, and for other purposes" was introduced in the 119th session of Congress as H.R. 7521 on February 12, 2026.

Congressional Summary of HR 7521

United States-Cuba Trade Act of 2026

This bill repeals the trade embargo on Cuba and other provisions restricting trade and travel to Cuba.

Specifically, the bill (1) removes restrictions on certain transactions related to trademarks used in connection with a confiscated business or asset, (2) extends nondiscriminatory treatment (i.e., normal trade relations treatment) to Cuban products, and (3) prohibits and rescinds limits on remittances to Cuba.

The bill authorizes common carriers to provide telecommunications services between the United States and Cuba. In addition, travel by U.S. citizens and residents to Cuba may not be regulated or prohibited if such travel would be lawful in the United States.

The President shall take all necessary steps to engage with Cuba to (1) negotiate settlements relating to claims that Cuba had taken the property of U.S. nationals, and (2) secure the protection of internationally recognized human rights. The President may, with respect to Cuba, impose new export controls and exercise powers related to declared national emergencies.

The President must submit a specified determination about a foreign country to Congress prior to denying an income tax credit for taxes paid to the foreign country.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 7521

Bill HR 7521 is currently in the status of Bill Introduced since February 12, 2026. Bill HR 7521 was introduced during Congress 119 and was introduced to the House on February 12, 2026. Bill HR 7521's most recent activity was Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Energy and Commerce, the Judiciary, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of February 12, 2026

Bipartisan Support of Bill HR 7521

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

117

Democrat Cosponsors

117

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7521

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill HR 7521

To lift the trade embargo on Cuba, and for other purposes.

Comments

Alora Morrow

785

1 month ago

I think this bill is bad for us. It will hurt our economy and make things worse for everyone. I don't like it at all. The short term affects will be very negative for me and my family.