What are the potential effects of Trump's tariffs on Colombian coffee exports?

Trump's potential 25% tariff on Colombian goods, particularly coffee, could have significant consequences for both Colombia and the U.S. market. As one of Colombia’s largest exports to the U.S., coffee is at risk of becoming more expensive due to the tariff. This could reduce U.S. consumer demand for Colombian coffee, leading to financial strain for Colombian farmers who rely on this key export. In turn, higher prices could create a competitive disadvantage for Colombian coffee compared to coffee from other regions. Furthermore, Colombian businesses might seek to diversify their exports to reduce dependency on the U.S. market. Retaliatory tariffs from Colombia on U.S. products could also damage the trade relationship, affecting industries that depend on the U.S. market, such as flowers and textiles. For further details, please visit: https://fst1a.blogspot.com/2025/01/the-impact-of-trumps-tariff-threats-on.html

The Impact of Trump's Tariff Threats on Colombia and Allies