Asklemmy

It's a small economic quirk, but I imagine many Cubans would be selling their old American cars to collectors State-side for a quick cash influx.

And Americans would be eager to travel to Cuba for tropical tourism. That feels like a longer lasting economic change.

Of course there'd be a bubble market on Cuban cigars that would arise, climb, then settle as the demand declines as the idea of a Cuban cigar becomes more normalized.

I've heard Cuba has some novel treatments for lung cancer. I imagine there'd be a market for medical tourism that would emerge from that, as I sincerely doubt the FDA would evaluate and approve a foreign treatment created under a Communist government with any haste.

Same thing that would happen if sanctions on Afghanistan were lifted. Regular people's lives would improve as the country could import what they need. Cuba is really lacking in cement and medical supplies for example iirc (though their medical system and education is world-class), and they can't import them cuz of the embargo.

Obviously not much would change in the US, aside from some people realizing socialism isn't too bad when you're not a tiny country sanctioned and blockaded by the most war-mongering nation in the world.

A TON of political mudslinging in the US that would die down after a few news cycles and a great deal of improvement to Cuba’s economy due to the dropping of the embargoes due to increased trade and tourism from the U.S.

Substantially? Not much (other than improving Cuba’s economy). This isn’t the 1960s, and “Ooo! Scary Cooommmunism!” thing isn’t the political bulwark it once was. Aside from a bunch of old bags in congress full of pace makers and life-extending pharmaceuticals, the vast majority of Americans couldn’t give a shit.

As a not-Cuban person, I can’t opine on how they’d feel about it. If I were to guess, I’d imagine they’d be in favor of it, but I can’t be sure.

The US economy is so gigantic compared to Cuba’s that I don’t see it changing much at all for the US—maybe some medical advancements. For Cuba it would mean being able to acquire goods at more reasonable rates and probably a much bigger tourist trade if they’re not careful. Edit and better internet, I hear that’s important.

They'd both suddenly benefit... the impact on America would be pretty minimal economically simply due to scale but it probably would improve health by moving us partially off corn syrup. And for Cuba it'd end decades of arbitrary economic kneecapping by the US. Tourism would probably explode since it'd be a shorter flight than cancun from the east coast and, y'know, not fucking Florida.

realisticly, i dont think much outside of trade restrictions to cuba would help them. politically on the states side whichever party removes it loses a lot of Cuban voters who migrated to Florida who are in the camp of not liking Cuba. can potentially turn the state the other parties color goven how swingstatey Florida is on its own.

Mass immigration into Cuba?

A lot more tourism to Cuba from the US.

The US would start importing Havana Club

I have no idea, but I'd be stocking up on cigars like a motherfuck. Trump putting the kibosh on bringing Cuban cigars back into the US still chaps my ass.

Vietnam was embargoed until the 90s, and dropping it basically allowed the soft power of the US to do it's thing. 'Nam isn't really an ally of the US, they consider themselves neutral, but they're undeniably very friendly. I suspect that a generation of trade and tourism could do the same to our relationship with Cuba and might result in softening attitudes among Cuban-Americans as they reestablish contact with their families and reconcile lingering animosity from the revolution.

I think this would also work for the DPRK, Iran, and others. Trade is really nice and children are rarely willing to carry the grudges of their parents.

Significant improvement in the quality of life of Cubans. Probably also increase US tourism to Cuba. Not sure if it would have any real impact on the average US citizen.

Mass medical tourism and the collapse of the corporativist medical industry in the US.

For the US, the change would be minimal. The economy of Cuba is so small by comparison and they don't have a heavy industry or tech sector to offer much to the US economy. Most outflows of money would likely be in tourism by US citizens to Cuba. And maybe some businesses would find ways to offshore some work. But again, I think the overall impact would be small.

As for Cuba, it really depends on the Cuban Government. Trade with the US and tourism are likely to have a much larger impact (as a percentage of GDP) on Cuba. The country could well see a sizeable influx of foreign cash. Managed well, this could create a lot of opportunity for the Cuban people. Managed by a corrupt regime, intent on enriching itself and it's friends, this could lead to the same type of misery which usually results from corrupt government.

Massive inequality growth in Cuba

It would improve living standards and mortality rates for Cuban citizens.

Just to shine light on something positive for the US, it could be a good thing for American rice growers as Cuba could possibly become large buyer of USA rice

100% TAS Key West - Varadero swimming speedrun NO COSMIC RAYS

Russian Deputy Prime Minister Dmitry Chernyshenko said on Friday that more than 100 Russian companies had started operations in Cuba over the past year, according to the state news agency TASS

So, I doubt it would ever happen.

Even during the ‘open’ Obama years, tourism for Americans was severely limited by the lack of banking interchange between US banks and Cuban ATMs and credit card networks. You have to bring cash and use a currency exchange, and if you run out you have no way of getting more money from your American bank. Other countries’ networks don’t have this issue, but it would need to be fixed for Americans to visit and spend money.

I’m glad the internal currencies of CUC vs CUP have been resolved, though a massive influx of tourist dollars would strain the existing economic systems of Cubans being paid for jobs other than tourism.

I'm thinking about a holiday there - friends who've been really enjoyed it. The beaches, the food, the music. https://www.onthebeach.co.uk/destinations/caribbean/cuba

Nothing because embargos/sanctions don't work. Well except for alleviating the suffering that they needlessly cause.