Somewhere, Bill Clinton is smiling. The United States government has lifted a $ 100 ban on Cuban goods brought in to the country. That means Cuban cigars, which often sell for more than $ 100 each, can now be legally imported.
Cuban rum and cigars will now be subject to the same duties as alcohol and tobacco from other countries, meaning most travelers will be able to bring back as many as 100 cigars and several bottles of rum. Because high-end Cuban cigars can sell for more than $ 100 apiece outside Cuba, every U.S. traveler can now legally bring back many thousands of dollars of Cuban products, potentially generating hundreds of millions of dollars in new annual revenue for the Cuban state. The previous limit restricted travelers to a combined value of $ 100 in rum and cigars, although enforcement of the limit notably declined after President Barack Obama declared detente with Cuba in December 2014.
Someone needs to warn Monica Lewinsky. If Hillary Clinton wins the election and Bill gets back in the White House, he may start feeling nostalgic.