Obama relaxes trade restrictions with Cuba
The administration further relaxed economic restrictions on Cuba Friday, allowing more collaboration on medical research, the approval of Cuban drugs for import and the lifting of monetary limits on cigars and rum imports. The moves make the U.S. openings to Cuba "irreversible," President Barack Obama said in a statement. The latest changes build on the president's announcement in December 2014 to chart a new course for the U.S.-Cuba relationship, Treasury Secretary Jacob Lew said in a statement. [node:read-more:link]