At the request of Congress, the U.S. International Trade Commission has been researching the impact lifting economic sanctions on Cuba will have on American businesses. The ITC summed up its findings in a lengthy report released on April 18. Here are some key findings:
• Room for Growth: The ITC predicts that, within five years of eliminating U.S. restrictions on trade with Cuba, U.S. exports could increase by nearly 350 percent. And the numbers are even more favorable if Cuba reduces its import barriers, the ITC found.
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