Petro is forced to give in and accept the deportations that sparked the friction, but tariffs of 25% are avoided for the time being. A spectacle, a staging, and a farce. The shortest trade war in history,

The new U.S. president could use the threat of tariffs to force countries into striking deals to accept deportees.

The White House said Sunday night that Colombia has agreed to allow the United States to transport repatriated migrants back to the country after two US military planes carrying deportees were blocked by Colombia early Sunday,

Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.

Donald Trump claimed an early victory for a coercive foreign policy based on tariffs and hard power on Sunday after announcing Colombia had backed down in a dispute over migrant repatriation flights.

The U.S. will not impose sanctions and tariffs on Colombia after the South American nation agreed to accept deported migrants from the United States, the White House press secretary said in a statement late on Sunday.

President Donald Trump announced retaliatory measures against Colombia after the country refused to accept deportation flights of Colombian migrants.

Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions.

Colombian President Gustavo Petro said he rejected deportation flights because the deportees were being transported in military aircraft.

President Donald Trump is holding off on imposing tariffs and sanctions on Colombia following an agreement on accepting deportation flights.

Trump had threated to impose 25% tariffs on all imports from Colombia, which would rise to 50% in a week, unless it agreed to accept deported migrants.