Trump’s use of a 25%–50% tariff might have a significant effect on Colombia’s economy, since the United States is the country’s biggest trade partner. The U.S.
State Department reports that 34 percent of Colombia’s overall commerce is with the United States. However, that may also harm American customers:
In 2024, Moody’s Analytics estimates that the United States bought products from Colombia valued at $17.5 billion. In response to Trump’s promised penalties,
Petro wrote on X that Colombia will slap reciprocal 50% tariffs on U.S. imports. It is noteworthy because Colombia is one of the United States’ main suppliers of crude oil.
In the passionate post, Petro said, “I’m told that you impose a 50% tariff on the fruits of our human labor to enter the United States, and I do the same.”
In a post on X later that night, U.S. House Speaker Mike Johnson said that Congress was “fully prepared” to enact sanctions and “other measures” against Colombia.