Trump Threatens Tariffs on Colombia
President Donald Trump confirmed to reporters on his plane on Oct. 19 that he intends to hike tariffs on Colombian goods on Oct. 21. He had earlier attacked Colombia's president on social media, calling him "an illegal drug leader," and saying that the U.S. no longer would give money to Colombia so that it can work to stop cocaine trafficking.
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Trump declined to say where tariffs were headed. Colombian goods currently face a 10% tariff, since Colombia buys more from the U.S. than vice versa. "I'll let you know tomorrow," he said Oct. 19.
Trump also was asked about the Argentina bailout, in the context of Argentinian soybean exports to China. He sidestepped that question, but said he is thinking about sealing a deal on beef imports from Argentina.
"We would buy some beef from Argentina," he said. "I'm not talking about that much."
He said the administration's goal is to lower consumer prices for beef, which he said is "the only price that's high."