The new U.S. president could use the threat of tariffs to force countries into striking deals to accept deportees.

The White House said Sunday night that Colombia has agreed to allow the United States to transport repatriated migrants back to the country after two US military planes carrying deportees were blocked by Colombia early Sunday,

Colombia is a relatively minor trading partner to the United States, but some industries are much more exposed than others.

Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions.

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.

President Donald Trump is holding off on imposing tariffs and sanctions on Colombia following an agreement on accepting deportation flights.

President Donald Trump announced retaliatory measures against Colombia after the country refused to accept deportation flights of Colombian migrants.

Trump had threated to impose 25% tariffs on all imports from Colombia, which would rise to 50% in a week, unless it agreed to accept deported migrants.

The White House said Sunday night that a U.S.-Colombia agreement had come together in the wake of a back-and-forth between the two countries over topics including immigration and tariffs. “The Government of Colombia has agreed to all of President Trump’s terms,

Colombian Foreign Minister Luis Gilberto Murillo said his country would receive returning Colombian nationals who were deported from the United States following a showdown with Washington over accepting the flights.

The White House is claiming victory in a showdown with Colombia over accepting flights of deported migrants from the U.S., hours after President Donald Trump threatened steep tariffs on imports and other sanctions on the longtime U.