This bill aims to comprehensively lift the trade embargo on Cuba by repealing numerous existing laws and restrictions. It specifically targets the repeal of Section 620(a) of the Foreign Assistance Act of 1961, the Cuban Democracy Act of 1992, and the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996, often referred to as Helms-Burton. Additionally, it terminates the application of the Trading With the Enemy Act authorities with respect to Cuba and removes prohibitions on exports under the Export Administration Act of 1979 and the Export Control Reform Act of 2018. The legislation explicitly permits U.S. common carriers to install, maintain, and upgrade telecommunications equipment and facilities in Cuba, and to provide services between the two nations. It also allows unrestricted travel to and from Cuba for U.S. citizens and residents, along with associated financial transactions, by prohibiting their regulation or prohibition. Furthermore, the bill removes all limits on the amount of remittances that can be sent to Cuba by persons subject to U.S. jurisdiction. A key provision extends nondiscriminatory trade treatment , also known as normal trade relations, to products from Cuba, by repealing relevant sections of the Harmonized Tariff Schedule and the Trade Act of 1974. Congress expresses its belief that the United States should promote democratic change and economic reform through normalized trade relations. The President is also directed to advance negotiations with the Government of Cuba to settle U.S. nationals' property claims and to secure internationally recognized human rights. While lifting most restrictions, the bill preserves the President's authority to impose new export controls under the Export Control Reform Act of 2018 or to exercise International Emergency Economic Powers Act authorities. This retained authority would only apply if a new, unusual, and extraordinary threat to U.S. national security, foreign policy, or economy arises after the bill's enactment. Most provisions and amendments are set to take effect 60 days after the bill's enactment, with specific exceptions for trade treatment and foreign tax credit reporting.