What could be the effect on Colombia of the new 10% global tariff announced by Trump?
President Donald Trump announced a global tariff of 10% on all imports, a decision that once again tensions international trade and could have direct repercussions for Colombia.
TL;DR
- Donald Trump announced a temporary 10% global tariff on all imports.
- The measure is based on the Trade Act of 1974 and will be in effect for 150 days.
- The scope is believed to be global and universal, potentially including all countries and most products.
- Colombia could be affected by this new tariff.
- An expert advises direct bilateral dialogue with the U.S. government to understand the tariff's reach, covered products, and impact on Colombian trade.
- Colombia might seek an exception, potentially using its cooperation in the fight against drug trafficking as leverage.