Will Trump announce a trade deal with Cuba?
Yes refers to: Before Jan 1, 2027
Short Answer
1. Market Behavior & Drivers
- Key advisors and influential political groups oppose Cuba trade.
- No significant corporate lobbying push for Cuba normalization exists.
- Senator Marco Rubio, a key advisor, strongly opposes a Cuba deal.
- Influential Cuban-American groups strongly oppose trade with the regime.
- Cuban government initiated economic liberalizations in late 2025.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Before Jan 1, 2027 | 50.0% | 32.4% | Market higher by 17.6pp |
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Before Aug 1, 2026
📈 April 28, 2026: 8.0pp spike
Price increased from 15.0% to 23.0%
📉 April 27, 2026: 27.0pp drop
Price decreased from 49.0% to 22.0%
Outcome: Before May 1, 2026
📉 April 18, 2026: 8.3pp drop
Price decreased from 15.0% to 6.7%
4. Market Data
Contract Snapshot
The market resolves to "Yes" if the United States announces a new free trade agreement, trade framework, or economic cooperation arrangement with Cuba before January 1, 2027, and Cuba acknowledges it. This includes preliminary agreements but not mere declarations of intent to negotiate. If no such acknowledged agreement is announced by December 31, 2026, at 11:59 PM EST, the market resolves to "No." Resolution is based on reports from specified news sources, and the market will close early if the "Yes" event occurs.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Before Jan 1, 2027 | $0.58 | $0.50 | 50% |
Market Discussion
Limited public discussion available for this market.
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Includes the cost to trade: a $10,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. Who Are Key Advisors on Trump's Cuba Policy and Embargo?
| Marco Rubio's Role | Top negotiator for Trump on Cuba; strong opponent of Cuban regime and embargo removal [1] |
|---|---|
| Trump's Cuba Policy | Pursued a "maximum pressure" campaign with historic sanctions, threats, and an oil blockade [2] |
| Heritage Foundation's Stance | Supports firm sanctions against Cuban government, opposes lifting restrictions, and advocates intervention [3] |
Sources (4)
- 1Marco Rubio, once Cuba’s loudest foe, is now Trump’s top negotiatorusatoday.com
- 2Heritage Applauds Trump Administration on Implementing Historic Cuba Sanctions | The Heritage Foundationheritage.org
- 3It’s Time for the U.S. To Intervene in Cuba and Save the Island Nation | The Heritage Foundationheritage.org
- 4Trump’s ‘Maximum Pressure’ Campaign on Cuba, Explained | Council on Foreign Relationscfr.org
7. Do South Florida Cuban-American Groups Support Trade with Cuba?
| Sentiment on Trade Deal | Overwhelmingly negative in Q1 and Q2 2026 [1] |
|---|---|
| Condition for Business Investment | Strictly contingent on a 'free and democratic' Cuba [2] |
| Key Demand from Groups | Regime change and freedom, not negotiations or a deal [1] |
Sources (5)
- 1South Florida Cubans want regime change, not negotiations | Miami Heraldmiamiherald.com
- 2Cuban-American businessmen in South Florida discuss investing in a free, democratic Cubalocal10.com
- 3South Florida Cubans want freedom, not a deal | Miami Heraldmiamiherald.com
- 4In Miami, not without justice for the Cuban people | Miami Heraldmiamiherald.com
- 5Cuban American entrepreneurs and future of investing in Cuba | Miami Heraldmiamiherald.com
8. What Cuban Actions Could Lead to U.S. Trade Negotiations?
| Foreign Investment Measures | Announced November 28, 2025 [1] |
|---|---|
| Cubans Abroad Economic Participation | Announced March 17, 2026 [2] |
| Prisoner Releases Begin | Started April 3, 2026 [3] |
Sources (5)
- 1Measures announced to make foreign investment more flexible and dynamic › Cuba › Granma - Official voice of the PCCen.granma.cu
- 2Measures facilitating participation of Cubans abroad in the national economy › Cuba › Granma - Official voice of the PCCen.granma.cu
- 3Cuba begins releasing prisoners under scrutiny of rights groups, U.S. govt | Reuterstoday.reuters.com
- 4Approval of the Government Program to correct distortions and boost the economy in 2025 › Cuba › Granma - Official voice of the PCCen.granma.cu
- 5Cuba: Authorities must now release those detained for political reasonsamnesty.org
9. Is There a Corporate Push for Cuba Normalization in H1 2026?
| U.S. Ag/Food Exports to Cuba Change (Jan 2026) | 21.7% decrease, year-to-year (January 2026) [1] |
|---|---|
| Royal Caribbean Lobbying Expenditures | US$90,000 directly; additional US$30,000 via Brownstein Hyatt Farber and Schreck [2] |
| Cuba-Specific Lobbying Disclosure | Not specified in Royal Caribbean disclosures [2] |
Sources (6)
- 1U.S. Ag/Food Exports To Cuba Decreased 21.7% In January 2026. Year-To-Year Down 21.7%. US$88,746.00 Gasoline; US$6,393.00 Blood. US$6.8 Million Vehicles/Parts; US$20.8 Million Donations — U.S. - Cuba Trade and Economic Council, Inc.cubatrade.org
- 2Lobbying Update: $90,000 of ROYAL CARIBBEAN CRUISES LTD. lobbying was just disclosed | Quiver Quantitativequiverquant.com
- 3American Sugarbeet Growers Association Lobbies on Farm Policy | Legis1 | Legis1legis1.com
- 4Senate Ag Committee Eyes Domestic Consumption Push as Lobbying Blitz Tops $2 Million - Legis1legis1.com
- 5rcl-20260129sec.gov
- 6Lobbying Update: $30,000 of BROWNSTEIN HYATT FARBER AND SCHRECK ON BEHALF OF ROYAL CARIBBEAN CRUISES LTD lobbying was just disclosed | Quiver Quantitativequiverquant.com
10. What Mid-2026 Diplomatic Engagements Could Signal US Cuba Policy Shifts?
| Primary Mid-2026 Engagement | 56th Regular Session of the OAS General Assembly (June 23-25, 2026, Asunción, Paraguay) [1] |
|---|---|
| Earlier Policy Signaling Event | 10th Summit of the Americas (March 6-8, 2026, Santa Marta, Colombia) [2] |
| Trump's Cuba Policy Signal | Change is coming for Cuba; exploring all options for democracy and economic engagement [3] |