Trump raises temporary tariffs to 15%, impacting Colombian exports

President Donald Trump announced an increase in temporary tariffs on US imports from 10% to 15%, following a setback from the Supreme Court. This global measure will affect key sectors of Colombian exports, such as coffee, flowers, and oil, according to AmCham Colombia's analysis. While some products may be exempt, nearly one-third of the export basket will face the additional surcharge.

The US Supreme Court blocked the use of an emergency law to impose generalized tariffs, limiting presidential authority without congressional approval. In response, Trump activated another legal tool allowing temporary surcharges for balance of payments or national economic security reasons, initially maintaining 10% and announcing a rise to 15% on Saturday.

The United States is the main destination for Colombian exports, with thousands of jobs in sectors like coffee, flowers, oil, mining, agroindustry, and industry depending on that market. The surcharge makes Colombian products more expensive for US buyers, affecting sales and profit margins.

According to AmCham Colombia's analysis, exports are divided into three groups: a small set clearly excluded, with legal certainty; a large group potentially exempt, depending on exact tariff classification, including green coffee, crude oil, gold, and bananas, representing a significant portion; and one-third directly affected, such as flowers, palm oil, and industrial products, putting thousands of jobs at risk.

Trump criticized the Court's ruling as “ridiculous, poorly written, and extraordinarily anti-American,” claiming that trading partners have “cheated the United States for decades.” The measure is global, affecting multiple countries similarly, which raises international trade costs and creates uncertainty, though it is not targeted specifically at Colombia.

This shows that Trump's trade policy will continue using instruments to apply economic pressure, despite judicial limits.

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