1. This isn't about business but charges. There's no way in hell US can e.g. prosecute non us citizens from trading with Cuba e.g. the embargo applies to US individuals and companies. The rest of the world, e.g. European countries, have normal relations with Cuba and nobody gives two damns about the embargo.
2. The same thing happens in reverse and applies to US companies doing business overseas.
Anyone who sells to my enemies is my enemy. You yourself can be subject to embargoes.
Francesca Albanese cannot do banking with banks from her own country because the US said so. Read: third parties that have relations with the US are barred from doing business with you or else risk being blacklisted too.
> This isn't about business but charges. There's no way in hell US can e.g. prosecute non us citizens from trading with Cuba
Sure it can. It can do whatever it wants in its domestic courts. Turkmenistan can prosecute you and me right now for failure to pay insufficient deference to dear leader. Whether this impacts us in any way is the actual question. We presumably do not want to do business in Turkmenistan. But the OP wants to do business in the US. Ergo, the OP is subject to US law, irrespective of what he thinks US law should look like or what its limits ought to be.
OP doesn't have to do business in the US at all and be completely and utterly untouched by US law - he won't be extradited anywhere unless the offence in question is also an offence in his own country, which as you point out, the Cuban embargo (etc) isn't. This is how you and I stay safe from the many Turkmenistani indictments hanging over us.
This is not a case of someone bravely standing up for justice and freedom, this is a case of someone wanting to profit from US customers but somehow have total immunity from US law. And I'd respectfully point out that if the countries were reversed, and we were talking about e.g. Russia, the European countries would be apoplectic about anyone doing business there. Imagine a Brazilian company selling drone motors to Russia. Can its executives expect to travel freely through the EU without fear of arrest? Do business in the EU?
> In any case, since you're unaware, Canada and EU have legislation that prohibits Canadian and European companies from obliging with US embargo of Cuba. That is, I can face criminal charges in Europe or Canada for refusing services to Cuba.
Yet almost everyone in those countries falls inline with US law because frankly the US is the exception and it's laws de facto apply in Canada and the EU.
Uhhh... the person whose company has 30% of its customers in the US. See above.
> You sound like the lunatic president you have
> You're the usual case thinking US is an exception to the rules, where it can dictate it's terms beyond its borders and get away with the opposite.
Cool. I'm not American. I'm literally just quoting International Private Law (aka Conflict of Laws) to you. And I'm doing so while being careful to give other examples from other countries.
I've literally not once said I approve of any of these laws. But this seems to be the difference between you and me - I don't bend the rules to get to outcomes I like. You sell to Cuba, or you sell to the US. Do I like that? No. Is that the law? Yes. One would not be very effective in international business if they failed to realise this kind of thing.
> You're the usual case thinking US is an exception to the rules
And, conversely, I think you're the usual case in trying to make the US a unique big bad, when they're doing absolutely nothing out of the ordinary in this area, and certainly nothing that Europe doesn't constantly do when it regulates for foreigners and foreign businesses trying to interact with or through the EU. (Something the EU does more of, proudly and loudly, than anyone else on Earth.)
1. This isn't about business but charges. There's no way in hell US can e.g. prosecute non us citizens from trading with Cuba e.g. the embargo applies to US individuals and companies. The rest of the world, e.g. European countries, have normal relations with Cuba and nobody gives two damns about the embargo.
2. The same thing happens in reverse and applies to US companies doing business overseas.