Cuban-American millionaires meet in Miami to back Trump on Cuba

A group of Cuban-American millionaires linked to the Republican Party met on Tuesday in Miami to support the Trump administration for democratic change in Cuba. They expressed willingness to invest millions on the island once democracy is established, requesting initial U.S. oversight. They plan further meetings, hoping Secretary of State Marco Rubio will attend the last one.

Business leaders including Ernesto Rodriguez, Michael Fux, Omar Sixto, and Nick Gutierrez attended the meeting organized to back the Trump administration. Rodriguez, an executive committee member, stated they seek "real and effective change in a democratic Cuba." The group plans at least three more meetings.

Michael Fux, who left Havana in 1958 and built his fortune in Miami's mattress industry, argued the U.S. should oversee the initial transition phase. "At least until Cuba gets back on its feet," he said, noting the country thrived before Castro.

Omar Sixto rejected Cuban Deputy Prime Minister Oscar Perez-Oliva's proposal, stressing investments would follow if Cuba becomes free, sovereign, and protects private enterprise via a constitution. Lawyer Nick Gutierrez, specializing in claims for properties confiscated in the 1960s, said "the freedom of the Cuban people is near" and praised the Trump administration's support.

The gathering coincided with controversy over the Trump administration's authorization of fuel exports from Florida firms to Cuba's private sector, including Hugo Cancio's business, which backs negotiations without preconditions. Rodriguez noted the event was for conservatives but they welcome others in future for economic backing.

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President Trump addresses Latin American leaders at the 'Shield of the Americas' summit in Miami, pledging action on Cuba and praising Venezuela's interim leader.
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Trump tells regional leaders he will “take care of” Cuba and praises Venezuela’s interim leader at ‘Shield of the Americas’ summit

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President Donald Trump hosted the inaugural “Shield of the Americas” summit on March 7 at his Trump National Doral Miami resort, gathering 12 Latin American and Caribbean leaders to discuss coordinated action against drug cartels and illegal migration and to counter foreign influence in the hemisphere. During remarks, Trump said he would “take care of” Cuba and praised Venezuela’s interim president, Delcy Rodríguez, for cooperating with the United States following Nicolás Maduro’s capture earlier this year.

President Donald Trump has indicated that Cuba's communist government is nearing collapse and suggested dispatching Secretary of State Marco Rubio to the island. He described the situation as ripe for a 'friendly takeover' while highlighting Cuba's severe economic troubles. This comes after U.S. actions in Venezuela disrupted Cuba's oil supplies.

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One month after Donald Trump announced new restrictive measures against Cuba's economy, dissident activism on the island has polarized on social media. Influencers and alternative media now split between blaming the Cuban government or Trump's policies alongside Marco Rubio. This division has weakened the cohesion seen in past protests.

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