Trump slaps tariffs on Colombia

[cookin_peacocks]

US, Colombia clash over deportations and raise tariffs in show of Trump's pledge to limit migration

After Trump's announcement, Colombian President Gustavo Petro announced that he had ordered the “foreign trade minister to raise import tariffs from the U.S. by 25%.”

apnews.com

I guess they returned with a 50 percent tariff in response, but that's just a rumor.

 

[HipKat]

Nothing high priced coffee to go with the high priced eggs in the morning

 

[herodotus]

I know I l know, I'm just a historian and not an economist, but ya know how Smoot Hawley just made things worse during the depression and not better? Well please tell me how this act of protectionism is going to actually help our economy and not just make commodities more expensive?

 

[HipKat]

 

[sukie]

I know I l know, I'm just a historian and not an economist, but ya know how Smoot Hawley just made things worse during the depression and not better? Well please tell me how this act of protectionism is going to actually help our economy and not just make commodities more expensive?

Must protect US coffee farmers here.