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Notes -
There are three general sets of US sanctions / trade restrictions on Cuba, which for political convenience/tradition are often grouped together under the misnomer of 'blockade.'
Group one, and the longest and the original source of the blockade moniker, is the Embargo. The Embargo restricts US citizens, companies, and foreign subsidiaries of US companies from doing trade with Cuba outside of specific Humanitarian niches (i.e. food). The Embargo doesn't legally stop others from doing so, and while there have been arguments to the effect that it was a soft-ban- mainly because of past US threats to stop giving foreign aid to countries that did non-food business to Cuba- this is neither a blockade nor an obstacle to those who saw greater value from business with Cuba than in aid from the US. Foreign companies, including European ones integrated with (and thus at risk to) the US economy can and have done trade with Cuba without sanctions retaliation, especially in the last 3 decades since the Cold War. Rather, the reason the Europeans and Chinese and others don't invest much in the Cuban is that Cuba is notoriously bad at paying back its loans, and has been since the cold war when it was a regular frustration of the Soviets, and the early-2000s belief that foreign companies could get into the Cuban market before the American companies did but reap the American money flowing into Cuba weren't worth the steady losses. The countries continuing to offer Cuba loans or sell things in exchange things for IOUs are typically doing so for ideological interests / strategic concessions (Venezuela, Russia, China), rather than economic.
Group two, and sometimes cited but rarely carried further on inspection, are the more targeted sanctions, typically on senior leaders and for humanitarian abuses. These are not massive impacts on the broader economy, but do limit the ability of Cuban party elites and security officials to establish themselves as Russian-style oligarchs in the international system, as they become non-viable business interests even as they monopolize business opportunities at scale, but few people seriously argue that a Venezuela or Russian oligarchic model is some moral imperative as a step forward and that non-sanctioning these people would create some significant material change for the population.
Group three, and the one that modern Cuba actually would have the most grounds on saying impacts them but which is the furthest from the traditional Embargo rhetoric, is Cuba's status as a state sponsor of terrorism under post-9-11 counter-terrorism-finance legislation. For those unaware, that's the actual and wide-reaching legislation which unlike the Embargo isn't just for US-actors, but very much an international 'if you want to do business with or through the US, you won't with the countries on this list' dynamic. No one actually denies that Cuba's Cold War history of waging revolution would qualify, or that Cuba hosts people or groups that qualify for the list, there's just irregular (and usually weak) pressure that it just shouldn't matter that much / that Cuba is really hosting them to facilitate peace. Cuba was on the list pretty much from the start of the post-9-11 changes, but since the state list is as much a political tool as anything else, Obama dropped Cuba in 2015 when it was pursuing normalization with the expectation of a Hillary hand-off (which, implicitly, would have meant an election win where the Cuban vote in Florida didn't derail the Democrats), but Trump won and... didn't actually re-apply it until 2021, right before leaving office, and the Biden administration has maintained the same core assessment for upholding it that Cuba wasn't cooperating to general expectations. So not actually a partisan wedge issue, and not a 'anything but the predecessor' American policy decision.
Overall, the US Embargo had an effect but was mostly a propaganda deflection for the Communist system, general sanctions aren't particularly relevant, but the state sponsor of terrorism restrictions have real teeth... but, of course, have to compete with the point that Cuba is still run by the same sort of people who believe state control of the economy is a moral as well as strategic security for the party-state.
For those who don't know- Cuba doesn't just host the odd American criminal who can mouth far left ideology(Asata Shakur). It literally hosts a Hezbollah base, among other features in a collection of not really caring about the past history of people who show up making anti-American noises.
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