Colombian economy

  • US-Colombia Diplomatic Crisis Escalates as Trump and Petro Engage in Public Confrontation Over Drug Trafficking Allegations

    US-Colombia Diplomatic Crisis Escalates as Trump and Petro Engage in Public Confrontation Over Drug Trafficking Allegations

    Oct 22, 2025 10:11 am CST

    The diplomatic relationship between the United States and Colombia has deteriorated significantly following Donald Trump's decision to freeze aid and label President Gustavo Petro a drug trafficker. While Colombian businesses fear economic repercussions from potential tariffs, Petro appears to embrace the conflict for political leverage ahead of upcoming elections. This unprecedented tension threatens decades of cooperation between the two nations and could have lasting implications for regional stability and Colombia's economic future.