In a sudden reversal, Colombia has agreed to comply with all of President Donald Trump's demands regarding the deportation of Colombian nationals from the United States. This agreement has prompted the White House to hold back on previously threatened tariffs and sanctions under the International Emergency Economic Powers Act (IEEPA). Visa sanctions and enhanced inspections will remain in effect until the first plane of Colombian deportees is returned to Colombia. The US Dollar Index (DXY) has paused its upward trend following these developments.
In a turn of events, the White House said on Monday that “Colombia has agreed to all of President Donald Trump ’s terms, including unrestricted acceptance of all illegal aliens from Colombia returned from the United States .” Additional takeaways Fully drafted International Emergency Economic Powers Act tariffs and sanctions on Colombia will be held in reserve and not signed.
What are the key assets to track to understand risk sentiment dynamics? Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise.
COLOMBIA DEPORTATION DONALD TRUMP TARIFFS SANCTIONS
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