Looking backwards

摘要

IT WAS typical Trumpian pageantry. On a bunting-trimmed stage at the Manuel Ar-time theatre in Miami's Little Havana neighbourhood, the president of the United States declared on June 16th that he was "cancelling" the "completely one-sid-ed deal with Cuba" made by his predecessor, Barack Obama. There is much less to this than Donald Trump's pugnacious rhetoric suggests. But the new policy will still hurt Cuba's fledgling private sector, discourage economic reform and damage Uncle Sam's prestige in Latin America.