"Cuba is unfortunately a failed state and repressing their citizens. "For example, the ability to send remittances back to Cuba. We would not do that now because the fact is it's highly likely the regime would confiscate those remittances or big chunks of it." When asked about his views on communism, the President added: "Communism is a failed system -- a universally failed system. And I don't see socialism as a very useful substitute.

Source: CNN July 15, 2021 22:07 UTC