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  • Colombia’s Petro Orders Tariffs on US Imports as Trade War Looms

    01/26/2025 4:08:02 PM PST · by hardspunned · 64 replies
    Barrons ^ | 1/26/25 | Agency French Express
    Colombian President Gustavo Petro on Sunday announced 25% tariffs on US imports, in a tit-for-tat move after US President Donald Trump hiked taxes on Colombian goods and sanctioned the country's leaders after Petro refused to accept migrant deportation flights. Writing on X, Petro initially said he would impose 50% tariffs on US goods, but later deleted the post and announced that he had instructed his minister for external trade "to raise tariffs on imports from the US to 25%."