Uncertainty Perhaps it is the word indicated to describe the commercial war that the world is currently living, after the President of the United States, Donald Trumpimposed a series of tariffs for most globe countries.
Given this, Governments of different nations have taken prevention measures to the impact that US rates can have on their economy. In any case, the rules of the game are still clear, because in spite of what can derive from Trump’s tariffs, countries such as China and Russia They began to move to get more commercial allies.
(You may be interested: The European country that becomes a key partner for Colombia’s agricultural exports).
Colombia It is no stranger to this equation, since since Washington imposed a 10% tariff on all export in course to American soil, several sectors of the national economy have been affected, So the national government made the decision to negotiate tariffs with Trump.
Barriers commercial between the United States and Colombia
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In statements for the ‘Caracol Radio’ station, the Minister of Commerce, Industry and Tourism, Cielo Rusinquehe talked about the plan that is had from the government to achieve agreements with the United States and the importance of achieving a consensus as soon as possible.
(Further: China appointed new commercial representative in full tariff war with the US.).
The minister explained that since both countries signed the Free Trade Agreement, in 2012, the United States has been able to take advantage of it, so the tariffs recently imposed with Trump can be a double -edged sword.
“That 10% can be very serious for some market sectors. You have to analyze to what extent it can be reduced”, Argued the minister.
Rusinque sky would leave the sic to be the new Minister of Commerce
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Until now, The Government continues to deplete all the stages of negotiation with Washington, showing the United States the importance of Colombian products in North America and how rates could affect their economy and development.
(Further: Honda will move part of its production from Japan to the US).
“We exposed the construction sector, as the 25% tax for steel and aluminum, has a negative effect on American construction. And we export articles such as aluminum and doors windows. So they would become more expensive for consumers“said the minister.
About the unions
US commercial measures that affect Colombia aroused disagreements between the national government and entrepreneurs from the country. That, in fact, has intensified to the point that several unions would be thinking of negotiating directly with the United States and not through the State.
“We are willing to listen to Colombia’s unions that are affected. That does not mean that they can assume Colombia. That is why we called, so that they do not disinfect about the measures or policies that we are going to take as a national government“Rusinque emphasized for ‘Caracol Radio’.
And he added: “The government has all autonomy and democratic mandate in international and commercial politics“
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