US president announces efforts being made to strike a deal having earlier threatened to stop island importing oil

Washington is negotiating with Havana’s leadership to strike a deal, Donald Trump has said, days after threatening Cuba’s reeling economy with a virtual oil blockade.

“Cuba is a failing nation. It has been for a long time but now it doesn’t have Venezuela to prop it up. So we’re talking to the people from Cuba, the highest people in Cuba, to see what happens,” Trump told reporters at his Mar-a-Lago estate in Palm Beach, Florida on Sunday.