Colombian President Gustavo Petro said on Friday returnees will have access to government-backed loans to start businesses.
Colombia’s president is calling on his compatriots working without legal status in the United States to leave their jobs and return home as soon as possible.
Daniel Oquendo, 33, remembers well the first words US border agents told him after he crossed the US-Mexico border on0.
Colombia isn’t the first nation to have materially countered Trump’s deportation plans. Still, its tiff with the U.S. is indicative of some lesser-known trade entanglements between North and South America—and of the potential for the Trump administration to hurt Americans’ pocketbooks in its craven pursuit of mass deportations.
The Trump administration had added extra inspections for passengers from Colombia as part of a pressure campaign. The effects lingered into Wednesday.
If Trump had carried out the threat of tariffs, the prices of many goods imported from Colombia could have increased, including coffee, flowers and crude oil.
The US and Colombia pulled back from the brink of a trade war after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants.
A short-lived tariff feud with the Latin American nation underscored the president's propensity to use economic sanctions as political leverage.
Colombia's President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the U.S. reached a deal on deportation flights, but the Colombian business community on Monday called for cooler heads to prevail as Colombians bemoaned canceled U.
Colombia’s president is calling on his compatriots working without legal status in the United States to leave their jobs and return home as soon as possible
In truth, tariffs against Colombia would have been barely felt in the United States, which has a much larger economy. But it could have devastated Colombia’s economy, possibly bringing instability to the third most populous country in Latin America,