The Trump administration will allow U.S. citizens to file lawsuits over property confiscated in Cuba during the 1959 revolution, a move that reverses two decades of policy and will create new tensions with allies whose companies do business there. Andrew Mach speaks to Bloomberg News State Department reporter Nick Wadhams about what's behind the major foreign policy shift and how it may affect the ongoing crisis in Venezuela.

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TicToc is a daily news podcast hosted by Andrew Mach (@andrewjmach), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!