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On Sunday, Trump announced through social media an economic campaign against Colombia, including 25% tariffs, sanctions, extraordinary cargo inspections and travel restrictions. The move was framed as retaliation for Colombia's refusal to accept deportees.
Tariffs and cargo inspections on Colombian goods disrupt trade flows and raise uncertainty for feed and agricultural import logistics in the region. Emerging-market currency weakness can also shift regional trade costs.
bloomberg.comNicolle Yapur, Maria Elena VizcainoJan 29, 2025Not enough comparable past events yet for a historical read.
After 12 past neutral trade events, Crude Oil (WTI) moved a median -2.2% over 5 sessions (33% higher; middle half -3.6% to +0.9%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
