President Trump on Sunday said he was imposing large tariffs and significant sanctions on Colombia after its government refused to accept two military cargo flights carrying deported Colombians. Why it matters: The Latin American country has long been a crucial U.

Trump, who has been in office for less than a week, pledged to slap 25% tariffs on Colombian exports, the source of one-fifth of coffee in the United States, and to raise them to 50% within a week

Fruits and other Mexican foodstuffs typically sold in America would also grow costlier, he said, while American companies that sell crops such as corn, soybeans and rice to Mexico would take an additional economic hit if the Latin American country retaliated with tariffs of its own.

In a major move, Colombian President Gustavo Petro has announced the introduction of 25% tariffs on a range of imports from the United States.

Colombian President Gustavo Petro agrees to receive undocumented migrants as President Donald Trump steps up deportation efforts. Mr. Petro initially rejected two groups of migrants sent to Colombia because they were not treated with “dignity.

Visa appointments at the U.S. Embassy in Colombia have been canceled following a dispute between President Donald Trump and his Colombian counterpart Gustavo Petro over deportation flights that nearly

Colombia said they would accept deportation flights carrying Colombian migrants after the Trump administration threatened to impose tariffs.

Hours after threatening punitive tariffs, the White House said Colombia agreed to accept deported migrants and lifted the threat of new levies.