Trump to Hold Off on 25% Colombia Tariffs, Reaches Deal on Migrants
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US President Donald Trump announced sweeping tariffs on Colombia before abruptly pulling the threat after reaching a deal on the return of deported migrants, a move that rattled global markets in the space of several hours.
The White House claimed victory late on Sunday, saying Colombia had “agreed to all of President Trump’s terms” without delay, including the acceptance of deportees on US military aircraft. Colombian President Gustavo Petro had earlier refused to allow two military planes carrying deported migrants to land, objecting to the use of shackles and handcuffs on detainees.