The President of the country announced that he introduced 25% of sanctions on American goods, which will be 50% in a week. Because the United States exports more to Colombia than Columbia to the United States, the sanctions will hit American business harder.
Colombia in response to the actions of the new American administration will increase tariffs for imports from the United States. On Sunday, January 26, the president of the country of Gustavo Petro said on his page in the social network KH.
“I was told that you are introducing 50% of the duties on the results of our human labor, which are imported into the United States, and I am doing the same thing,” Petro wrote.
He openly criticized the policy of the new president of the United States, suggesting that he considered an “inferior race.”
“You can’t dominate us,” Petro wrote.
Meanwhile, the media has analyzed the trade of both countries. Oil, coffee, flowers, gold come from Colombia to the United States, and oil products, corn, equipment, chemicals from the United States to Colombia. Moreover, the United States exported more to Colombia than Colombia to the United States. So, glass sanctions would hurt the United States more than Colombia.
Remember, Trump on Sunday, January 26, introduced duties on all goods from Colombia and sanctions against this country. This happened after Bogota a few hours before he refused to take an aircraft with deported migrants from the United States. In particular, 25% of duties were introduced (which will be 50% in a week), visa sanctions, the ban on traveling Colombian officials to the United States and not only.
At the same time, Petro ordered to send a personal aircraft for the migrants, which he had not yet agreed to accept.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.