#RiskRewardRatio The Government of the United States has raised a new obstacle, currently insurmountable, in its trade relationship with Colombia. President Donald Trump announced on Wednesday afternoon a 10% tariff on all Colombian products seeking to enter the market of the world's largest power. This is not a bilateral decision. The United States has targeted everyone. However, the Colombian tariff has been the lowest. In the case of China, for example, it has risen to 34%, and the rate has even reached 50%. All of this leaves the exports of the South American country facing a grayish outlook. This raises multiple questions about the legal security for investments outlined in the Free Trade Agreement that the two countries have maintained since 2012.
Legal notice: Third-party opinions are included. This does not represent financial advice. There may be sponsored content. Read the Terms and Conditions.
3.5k
views
12
likes
2
times cited
0
times shared
2 responses
Most relevant
Recent
Rigoberto Mccaie AvoX
many South American countries will be affected because most import everything from China and while the United States seeks ways to lower its interests and thus pay the debt
2 h
1
Wuilman Mizar
but China is not going to charge high tariffs to South America