Oil fell in early trade on Monday, with Brent dropping below $78 a barrel, as tariffs and sanctions on Colombia undermined sentiment and served as a reminder of larger trade risks ahead.

In response, the U.S. will hold off on implementing planned sanctions against Colombia, though these remain "in reserve" if the agreement isn't honored, Leavitt said.

By threatening Colombia with the type of sanctions reserved for U.S. adversaries, Trump inflamed global interest in cultivating alternatives to the dollar.

US, Colombia reach deal on deportations; tariff, sanctions put on hold By Phil Stewart and Oliver Griffin January 27, 2025 9:48 AM UTC Updated January 27, 2025 ...

President Donald Trump is imposing sanctions on Colombia and revoking visas after Colombian President Gustavo Petro refused to accept deportation flights from the U.S.

Chinese planes hedge against the danger that the Trump administration might cripple Colombia’s leftist government—and Western-built air force—through economic sanctions.

Sen. Bernie Moreno (R-Ohio) said Sunday he will introduce legislation to sanction Colombia this week after the country’s president reportedly denied entry to two planes carrying deported ...

Trump holding off on tariffs against Colombia after it accepts flights of deported migrants 03:55. Washington — President Trump will hold off on imposing steep tariffs on Colombia after the ...

Ramsey anticipated that the economic impact of U.S. sanctions on Colombia would be substantial, a view shared by Maria Claudia Lacouture, former Colombian Minister of Commerce, Industry, and ...

WASHINGTON − President Donald Trump is holding off imposing tariffs and sanctions he threatened on Colombia after Colombian President Gustavo Petro agreed to the "unrestricted acceptance" of U.S ...

Treasury official traveling to Colombia, Mexico as US imposes sanctions. By Reuters. September 24, 2024 2:49 PM UTC Updated September 24, 2024 The United States Department of the ...