Trump had announced steep tariffs and immediately revoked visas of Colombian officials after the nation’s president said his country will not accept U.S. deportation flights.

President Donald Trump and Colombian President Gustavo Petro defended their views on social media and imposed tariffs on each other’s goods.

President Donald Trump ordered his administration to impose tariffs and sanctions on Colombia for refusing to allow two military planes carrying deported migrants to land, punishing a US security partner for stepping out of line with his immigration goals.

But there are risks too - coffee prices could rise and nations may be less willing to stop the flow of migrants north.

The U.S. will not impose sanctions and tariffs on Colombia after the South American nation agreed to accept deported migrants from the United States, the White House press secretary said in a statement late on Sunday.

The president said the measures were necessary because the decision of Colombian President Gustavo Petro “jeopardized” national security in the U.S.

The emergency tariffs announced by President Donald Trump would impact billions of dollars of goods entering the U.S.

President Trump on Sunday announced “emergency” tariffs on imports from Colombia, an early signal of how he might enact trade policy in the early days of his second term.

Colombian President Gustavo Petro said Sunday the country would reject U.S. military flights carrying deported migrants.

China's Foreign Minister Wang Yi is due to visit Britain next month to hold talks with his UK counterpart David Lammy, The Guardian reported on Sunday.

Asian shares rose partly on optimism about artificial intelligence in China, shrugging off Donald Trump’s imposition of tariffs on Colombia that cut risk appetite elsewhere.

Colombian assets are set for a rout after US President Donald Trump said he’d implement a spate of tariffs and sanctions on the South American nation. Most Read from BloombergWhat Happened to Hanging Out on the Street?