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In the space of a few hours that exploded the global markets, the US President Donald Trump announced the tariffs on Colombia before withdrawing the money after receiving the money sold.

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The White House claimed a late victory on Sunday, saying that Colombia “accepted all the terms of the President’s order” without delay, including the acceptance of the plane on the American plane. Colombian President Gustavo Petro had refused to allow two military planes carrying migrants to land, opposing the use of shacks and hand bags.

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Colombian Foreign Minister Luis Gilberto Murillo said in a video that both countries are “overcoming the defeat”, adding that the President’s plane will be scheduled to return to the country on Sunday.

“We will continue to receive Colcombians who return as exiles, which ensures that the conditions are dignified,” said Murillo.

Trump’s move to immediately threaten the tariff rates of trade dollars in oil, refined flowers, coffee and serve more as a sweet reminder of economic determination to achieve economic goals to achieve economic goals to achieve economic goals to achieve geopolitical goals to achieve geopolitical goals. But his quick U-Turn also showed why the President is facing questions about his willingness to make good on his threats.

That uncertainty left a cloud hanging over global markets even after the decision was reversed. The announcement of the weekend made it clear that the tariffs will be the first weapon Trump has turned into a policy disagreement, while a quick fix will do little to Quell Investor nerves about their use.

The Mexican Peso and the South African Rand FED The loss of currency in capital formation occurs when the dollar strengthens against most of its major peers. The greenback endured its worst week in more than a year last week as Trump quickly avoided tariffs on China and other major trading partners – a move that would have sought a stronger US currency.

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Earlier in the day, Trump ordered his administration to impose fines and restrictions on Colombia’s refusal to allow military flights. In a social media post, Trump said he would impose an emergency tariff of 25% on all Colombian goods coming to the US, which would be raised to 50% per week, with unspecified curbs.

Secretary of State Marco Rubio then SUBRIO ordered the suspension of Visa issuance at the US Embassy in Bogota and approved other travel restrictions for those responsible for requesting flights. Those travel curbs, as well as enhanced screening by customs officials, will continue until the initial tracking of Columbine deportees is successfully returned, White House Press Secretary Kroline said in a statement Sunday night.

He said: “Today’s events show that the United States is respected again,” he said, adding that the order of tariffs and restrictions will not remain unregistered “unless Colombia fails to respect this agreement.”

Trump’s action escalated decades of warm relations between the US and Colombia. The relationship between Trump and Petro was expected to be strained due to their opposite political views, although the breakdown was more intense than expected.

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Colombia wants to improve ties, with Murillo saying he plans to travel to Washington alongside the Colombian ambassador to the US in the coming days. Still, Trump’s move is sending a powerful message to the world, that even the elderly are safe if they don’t cooperate with him.

That’s especially true when it comes to deporting undocumented immigrants, a key election pledge from Trump. The White House said it had detained 538 undocumented immigrants and had begun using military aircraft to remove them within the first 100 hours.

Latin American authorities, including Petro, said they were frustrated by the treatment of the migrants as they expressed their willingness to take them away. The US and El Salvador are working on an asylum agreement that would allow US officials to deport Salvadoran migrants to the United States.

Compared to other countries Trump has targeted with his tax threats, the war with Colombia has low economic consequences. Trade in goods between the US and Colombia was worth $33.5 billion in the first 11 months of 2024, according to US trade data. The US had a $1 billion trade surplus with Colombia at the time.

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Between January and November 2024, exports from Colombia to the US reached $ 13 billion, an increase of 8% compared to the same period in 2023 and the third of the rest of the country. Colombia is the US’s One Largest source of offshore oil, topping Brazil, according to Energy Information Technology. Other exports include gold, coffee and flowers – a good that often sees brisk trade on Valentine’s Day.

The numbers will be much higher if Trump uses the same tactics with Mexico, which has a comprehensive agreement over the doubling of US-Colombia Trade. Trump said he was considering similar tariffs on Mexican homes following his immediate border policies on Saturday.

Colombia has been one of Washington’s main allies in Latin America and the largest recipient of US aid and military assistance. However, as one of the leaders who left the rest of the region, Petro was already in the wrong hands of Trump. The Colombian leader freed China and slammed Israel over the death toll of Palestinians in its war with Hamas.

“Petro’s response to Trump was stupid and it was a war he will not win,” Sergio Guzmán, an analyst in Colombia said the risk before the two sides reached an agreement. “The posts on social media have had consequences, and it will be a difficult moment for Colombia as it will have real consequences for us.”

-Assistance from Oscar Medina and Justin Shinki.

(Updates throughout)

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