US cancels planned tariffs on Colombia following migrant agreement

Investing.com -- The US has decided not to impose tariffs on Colombia, following the country's agreement to accept deported migrants without restrictions, according to the White House.

The decision comes after President Donald Trump had initially ordered a 25% tariff on all Colombian goods. This was in response to Colombia's President Gustavo Petro refusing to allow two US military deportation flights to land in the country last Sunday.

President Petro initially responded by stating that Colombia would accept its repatriated citizens on civilian planes, without treating them like criminals. The White House has now confirmed that Colombia has agreed to accept migrants arriving on US military aircraft without any limitations or delays.

In a statement, Colombia confirmed its commitment, stating that a dialogue would be maintained to ensure the dignity of its citizens. The decision to cancel the tariffs comes as a relief to Colombian exporters who were facing the prospect of a significant increase in costs due to the proposed 25% tariffs.

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