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VISA and MasterCard will suspend their operations in Cuba due to Trump's sanctions.

VISA and MasterCard will suspend their operations in Cuba due to Trump's sanctions.
Imagen de Editorial Team
porEditorial Team
Argentina

Trump has managed, with the end of international card operations and the massive flight of foreign corporations, to suffocate the tyranny of Miguel Díaz-Canel.

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The hardline policy of the government of United States against communism in the Western Hemisphere has reached a historic turning point. Under the leadership of President Donald Trump, the strategy of financial suffocation has left the Cuban regime in a position of unprecedented vulnerability, confirming that the freedom of the island is an absolute priority for the White House.

In a devastating blow to the finances of the dictatorship, the Central Bank of Cuba (BCC) confirmed that financial giants Visa and Mastercard will suspend all their operations on the island starting June 6, 2026. This measure is the direct consequence of Executive Order No. 14404, signed by Donald Trump on May 1, which reaffirms that the regime of Cuba represents "an extraordinary threat" to the security of United States.

VISA and Mastercard
VISA and Mastercard

The mechanism of financial collapse was activated when a foreign private bank, responsible for the island's international transactions, decided to immediately terminate its relationship with the entity Fincimex. It is imperative to highlight that Fincimex operates under the control of Gaesa, the Cuban military business conglomerate that monopolizes the economy for the benefit of the military elite. Faced with the imminence of the deadline set by the Office of Foreign Assets Control (OFAC) for this Friday June 5, international companies have preferred to abandon the regime rather than face the power of U.S. justice.

The exit of Visa and Mastercard implies, according to the BCC itself, that the dictatorship will be "unable to receive income as a result of the marketing of goods and services through international cards", sharply cutting the island's financial connections with the outside.

The capital exodus has quickly spread to key sectors that previously served as a cash cow for the regime:

Tourism: The Spanish chain Meliá, the largest foreign operator on the island, announced the "immediate withdrawal" of 15 of the 35 hotels under its management, citing a complex "geopolitical, social, legal, and economic context". This is in addition to Iberostar, which left the management of 12 hotels, and the Canadian Blue Diamond, which also suspended operations. Meanwhile, Archipelago International left the management of its six hotels, including the iconic Grand Aston.

Mining and Transportation: The Canadian miner Sherritt initiated the stampede on May 7, followed by the shipping giants CMA CGM from France and Hapag-Lloyd from Germany.

Donald Trump
Donald Trump

On the political front, the pressure is total. Secretary of State Marco Rubio has pointed out that, although there are "technocrats" at lower levels with whom one could work for a transition, the "ideological inclination" of the high command remains the main obstacle to change. As part of this judicial and moral offensive, Washington has brought charges against the 94-year-old dictator, Raúl Castro, making it clear that there will be no impunity for the crimes of the 1959 Revolution.

As the regime wobbles, high-level contacts have been reported suggesting an inevitable surrender. The director of the CIA, John Ratcliffe, traveled to Havana in mid-May, and strategic military meetings have been recorded near the Guantánamo base. The era of communist parasitism is coming to an end under the shadow of Executive Order from Donald Trump, restoring hope for a Cuba free from the influence of Miguel Díaz-Canel and his henchmen.



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