Trump's Cuba rollback to spare airlines but could hurt demand


U.S. President Donald Trump's plan to roll back his predecessor's opening toward Cuba will spare airlines and cruise operators betting on a new revenue source but the rollback could affect them by weakening demand.

Trump is expected to outline moves meant to reverse the trade-and-travel rapprochement by the Obama administration that will enrich Cuba's "oppressive regime," senior White House officials said.

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The new policy will ban most U.S. business transactions with the Armed Forces Business Enterprises Group, a sprawling conglomerate involved in all sectors of the economy, including the hotel and hospitality industry, but make some exceptions, including air and sea travel, the officials said.