The U.S. State Department also said that it would stop issuing visas to Colombian travelers until deportation flights resumed. Colombia received more than 120 deportation flights last year, but those were charter flights operated by U.S. government contractors.

The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep tariffs on Colombia.

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.

After US President Donald Trump threatened Colombia with a 25% tariff if the country didn't agree to accept deported migrants, the White House reported that South American nation agreed to Trump's terms.

Trump, Colombia apparently reach deal to avoid tariffs   President Trump and the Colombian government apparently reached a deal late Sunday to avoid U.S. tariffs on Colombian goods after dramatic confrontations in which Colombia refused

President Donald Trump said he would follow through on his threat to impose 25% tariffs on imports from Canada and Mexico on Feb. 1, citing the flow of fentanyl and large trade deficits as among the reasons for his decision.

Less than two weeks into his second term, President Trump may be poised to deploy steep tariffs against key U.S. trading partners.

President Donald Trump appears emboldened by his first tariff win against Colombia before this weekend’s showdown with some of the United States’s biggest trade partners. Colombian President Gustavo P

President Donald Trump's nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% tariffs against Canada and Mexico that could hit Saturday, as he described them as avoidable and part of a "short-term issue."

Having already forced Colombia to accept deportees by threatening a 25% tariff, President Donald Trump is readying the same move against Canada and Mexico as soon as Saturday.

U.S. President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday. Leavitt told reporters in her first White House press briefing that Trump also is still "very much" considering fresh tariffs on China for Saturday.

U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?