US, Colombia Strike Deal to Avert Trade War

The United States and Colombia averted a trade conflict Sunday night after Colombia agreed to accept deportees on US military aircraft, a key demand from President Trump who had threatened steep tariffs on the South American nation.

White House Press Secretary Karoline Leavitt announced Colombia had accepted “all of President Trump’s terms,” including the unrestricted return of Colombian citizens who are in the US illegally. In exchange, the US will hold back draft orders that would have imposed escalating tariffs starting at 25% on Colombian goods.

The agreement came hours after Trump had threatened additional penalties including visa bans on Colombian officials and enhanced border inspections. The State Department had already suspended visa processing at the US embassy in Bogota. (White House officials initially had trouble spelling “Colombia”).

Colombian Foreign Minister Luis Gilberto Murillo confirmed the agreement in a statement Sunday evening, and said Colombia would make its presidential aircraft available for returning citizens. While his statement didn’t specifically address military flights, it didn’t contradict the White House announcement. Murillo said he would travel to Washington for follow-up meetings.

Earlier Sunday, Colombian President Gustavo Petro had strongly opposed military deportation flights, comparing them to Nazi tactics. 

He later offered his presidential plane to facilitate what he called the “dignified return” of Colombian citizens.

Colombia is the US’s third-largest Latin American trading partner, with bilateral trade reaching $33.8 billion in 2023. US companies employ more than 90,000 workers in Colombia, particularly in the manufacturing and mining sectors.

The State Department will maintain visa restrictions and enhanced inspections until Colombia demonstrates compliance through successful deportation flights, according to Leavitt’s statement.

Petro initially shared Leavitt’s announcement, but as Axios notes, seems to have already rescinded or deleted it. Before the agreement was announced, he posted a lengthy statement on X denouncing Trump’s “blockade” and announced 50% retaliatory tariffs on American goods.

The agreement (or dispute on pause?) is the latest in a string of tensions with Latin American nations over Trump’s immigration crackdown, which he declared a national emergency upon taking office last week. Mexico recently refused US military deportation flights, while Brazil protested the treatment of its citizens during a commercial deportation flight.

Related: Trump’s Tariff Threat Is Back! 25% Tariff On Mexico, Canada By Feb 1 


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Are Commodities Entering a Generational Cycle? | Terry Lynch

Is the Gold Boom Still in the ‘Pre-Party’ Phase? | Sean Kingsley

The Hidden Environmental Cost of Fertilizer | Robin Dow

Recommended

Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost

First Majestic Drills 3.43 g/t Gold Over 24.4 Metres At Jerritt Canyon

Related News

Trump Wants Keystone XL Pipeline “Now” After Saying The US Doesn’t Need Canadian Oil

President Donald Trump has once again stirred controversy by calling for the resurrection of the...

Tuesday, February 25, 2025, 11:19:00 AM

Greenland Awards Mining Deal to Europeans as Trump Pursues Island

Greenland granted a 30-year mining permit to a Danish-French consortium this week, strengthening European ties...

Friday, May 23, 2025, 11:34:00 AM

Is Trump Returning to Twitter and Facebook?

Wanting to return to power with a fresh bid for the presidency in 2024, Donald...

Thursday, January 19, 2023, 11:11:43 AM

Russian Stocks Surge After Trump-Putin Ukraine Call

Russian stock markets rallied sharply on Thursday after President Donald Trump and Russian leader Vladimir...

Friday, February 14, 2025, 04:28:00 PM

Why Is Trump Closing Down The Education Department?

President Donald Trump has signed an executive order that aims to shut down the Department...

Saturday, March 22, 2025, 07:47:00 AM