After Colombia blocks deportation flights, Trump vows large tariffs: How a lot commerce do the 2 nations have?

After Colombia blocks deportation flights, Trump vows large tariffs: How a lot commerce do the 2 nations have?

Amongst a number of extreme responses, Trump listed a journey ban on Colombian authorities officers, 25 per cent tariffs, and invoking sanctions beneath emergency presidential powers

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After Colombian President Gustavo Petro blocked two flights carrying deported people from the USA on Sunday (January 26), his American counterpart Donald Trump vowed to hit Colombia with steep tariffs and different sanctions.

“Petro’s denial of those flights has jeopardised the Nationwide Safety and Public Security of the USA, so I’ve directed my Administration to right away take the next pressing and decisive retaliatory measures,” Trump posted on his Fact Social platform.

Amongst a number of extreme responses, Trump listed a journey ban on Colombian authorities officers, 25 per cent tariffs, and invoking sanctions beneath emergency presidential powers.

US, Colombia bilateral commerce

In accordance with the Workplace of the USA Commerce Consultant, US items and companies commerce with Colombia totalled an estimated $53.5 billion in 2022. Exports had been $28.7 billion, whereas imports had been $24.8 billion. That 12 months, the US’ items and companies commerce surplus with Colombia was $3.9 billion.

The US, which accounts for 34 per cent of Columbia’s complete commerce, is the nation’s largest buying and selling companion, in keeping with the US Division of State.

In the meantime, Colombia accounted for one per cent of US’ general exports in 2022.

The US-Colombia Commerce Promotion Settlement (CTPA) has been in impact between the 2 nations since Could 2012.

It supplied US with important entry to Colombia’s $166 billion companies market and its fast-growing base of round 45 million shoppers.

Almost 450 US companies have investments in Colombia with a big share of US overseas direct funding (FDI) concentrated within the mining and manufacturing sectors.

The reason for US-Colombia spat

On Sunday, Petro mentioned he was blocking US deportation flights till migrants had been assured “dignified therapy” in that nation.

“The USA can’t deal with Colombian migrants as criminals. I forbid entry to our territory to US planes carrying Colombian migrants,” he posted on social media platform X.

In a later submit, he added that he would permit in civilian US flights carrying deported migrants, so long as they weren’t handled like “criminals”– a time period Trump has used typically to dehumanise immigrants.

With inputs from businesses

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