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.

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,

The president says he ordered tariffs and other sanctions on Colombia after it barred US military flights carrying deported migrants.

The 25% import levy could go into place as soon as Feb. 1.

Today, reporter Robert Tuttle looks at the close integration of US-Canadian oil markets and what that means for Donald Trump’s tariff plans. Among US President Donald Trump’s flurry of threats during his first week in office was a vow to impose 25% tariffs on imports from Canada.

The US’s economic partners are racing to sustain trade volumes in a Donald Trump era by closing new bilateral deals and rerouting supply chains to cope with increased US protectionism. Policymakers and trade experts say countries are turning to a tactic deployed during the US president’s first term in office,