Donald Trump claimed an early victory for a coercive foreign policy based on tariffs and hard power on Sunday after announcing Colombia had backed down in a dispute over migrant repatriation flights.

Donald Trump’s burgeoning trade war with Colombia might not change the price of coffee at Aussie cafes, but there could be long-term impacts for our economy if China can take advantage, an expert says.

But there are risks too - coffee prices could rise and nations may be less willing to stop the flow of migrants north.

A look at the day ahead in European and global markets from Kevin Buckland For two years, investors and analysts have pondered what - if anything - could take some of the steam out of the AI stocks rally.

President Trump announced stiff tariffs on Colombian imports for denying the entry of U.S. military deportation flights carrying migrants.

The emergency tariffs announced by President Donald Trump would impact billions of dollars of goods entering the U.S.

The U.S. will not impose sanctions and tariffs on Colombia after the South American nation agreed to accept deported migrants from the United States, the White House press secretary said in a statement late on Sunday.

- US President Trump says to impose 25% 'emergency' tariffs on Colombia relates to deportation flights; the tariffs will apply to 'all' products from Colombia – Press. - MXN declines by 1%; Reportedly Mexico refuses a US deportation flight – press [Will Trump respond?].

Hours after the president of Colombia refused to allow two U.S. military flights carrying deported Colombian migrants to land in his country, President Donald Trump announced Sunday immediate reprisals against the South American nation: A 25% tariff on all Colombian products — to rise to 50% in a week — and the shutting down of the visa section in the U.

Trump said the Colombia's refusal jeopardized U.S. national security. He imposed tariffs on incoming goods, sanctions on government officials, enhanced border inspections of Colombian nationals, and banking and financial sanctions.

It has been a week since Donald Trump returned to the White House. On his first day back, he signed a flurry of executive orders – the most in history on day one of a presidency. Now he continues to fulfil the many controversial promises he made during campaigning.