Colombia's President Declares US Trade Agreement Suspended Amid Tariff Dispute

Colombias President Gustavo Petro announced the suspension of the free trade agreement with the United States due to a 10% tariff imposed by Donald Trump amid trade tensions.

Since April, Colombia has effectively considered the free trade agreement suspended, following the imposition of a 10% tariff by the United States under Donald Trump.
Gustavo Petro, the President of Colombia, plans to announce this suspension formally, reflecting ongoing trade disputes between the two nations.
The tariff imposed by the United States has significant implications for Colombian exports, potentially straining economic relations and impacting local industries.

Por Qué Es Relevante

This development underscores escalating trade tensions between Colombia and the United States, which could lead to broader economic repercussions and alter the dynamics of bilateral relations moving forward.