It also indicates that the new administration will not reinstate the wet foot, dry foot policy, which allowed Cuban immigrants who reached American soil to remain in the country.
Trump is expected to announce the changes Friday at Miami's Manual Artime Theater surrounded by prominent Cuban-Americans who back the move.
Those travels and visitors' ability to use Cuba's military-run bank are not believed to be affected by the Trump changes, though the Herald reports that the administration's new policy will include a broad restriction on interactions with the military branch that runs the majority of Cuba's economy.
Under Obama, the two countries restored diplomatic ties and direct communications, including air connections and postal service.
"My administration's policy will be guided by key US national security interests and solidarity with the Cuban people", the draft of the five-point, eight-page Presidential Policy Directive reads, Politico reported.
The group trips would require US visitors to travel with a guide from an educational group-a requirement the Obama policy had lifted.
"Travel from the U.S.to Cuba is an important way to encourage people-to-people diplomacy", the company wrote in a statement.
Independent Cuban enterprises not affiliated with the military, which are smaller and far fewer in number, will still be permitted to do business with USA citizens and companies under Trump's policy, Politico's report said.
Outright tourism to Cuba is prohibited by the embargo, but Obama had relaxed travel rules, allowing non-Cuban Americans to go under one of 12 legally authorized categories.
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But Rosenstein, too, may ultimately have to hand off oversight given his role in Trump's decision to fire Comey. Although he was brought on to lead the Russian Federation investigation, Mueller is allowed to look beyond it.
Sen. Marco Rubio, a Miami Republican who proposed similar restrictions in a bill two years ago, said that the goal of the policy change is to help Cuba's private sector.
Unable to persuade Congress to lift the decades-old trade embargo, Obama had used his power to adjust the rules that implement the embargo to expand built-in loopholes. Dozens of US businesses and agricultural interests are operating in Cuba or want to, potentially worth billions of dollars a year.
And it will not limit travel by or remittances from Cuban Americans, as former President George W. Bush did - though fewer Cuban government officials will be allowed to come to the USA and receive money than under Obama.
When President Donald Trump announces his policy in Cuba Friday in Miami, many will be pleased.
It's unclear just how strict the enforcement will be, but it could make it illegal to purchase Cuban cigars and rum, as both businesses are owned, at least partially, by the government.
Since the rapprochement with the USA, the Cuban government has repeatedly said it will hold talks on any topic the USA wants to discuss.
Obama eliminated the tour requirement, allowing tens of thousands of Americans to book solo trips and spend their money with individual bed-and-breakfast owners, restaurants and taxi drivers.
"Economic practices that benefit the Cuban military at the expense of the Cuban people will soon be coming to an end", Rubio wrote on Twitter.
The U.S. severed diplomatic relations with Cuba in 1961 after Fidel Castro's revolution.
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