China's DeepSeek AI Shocks the World + Trump's Tariff Tactics 👀

TRADE NEWS

Trump Uses Tariffs to Force Colombia’s Hand on Immigration

A diplomatic standoff erupted between the United States and Colombia last Sunday over immigration policy. Colombian President Gustavo Petro refused to allow US military aircraft carrying deported Colombian nationals to land in his country, citing concerns over their treatment and the optics of using military planes for deportation.

In response, President Donald Trump took swift and aggressive action, slapping a 25% tariff on all Colombian imports. He warned that if Colombia did not comply, the tariff would double to 50% within a week. As an added pressure tactic, Trump’s administration also imposed travel bans and revoked visas for Colombian government officials, escalating the dispute to a full-blown economic and diplomatic crisis.

The economic impact was immediate. Facing mounting pressure from key industries and exporters, Colombia quickly sought a resolution. After intense negotiations, an agreement was reached—Colombia would accept deported migrants but on its own terms. Instead of US military flights, Colombia would send its own air force planes to retrieve the deportees. The US also agreed to more humane treatment, ensuring migrants were not handcuffed or photographed and that Homeland Security staff, rather than military personnel, would oversee the process.

This showdown demonstrated Trump’s willingness to use economic power as leverage, forcing a foreign government to bend to his immigration agenda. It also sets a precedent for how trade can be weaponized in diplomatic disputes, leaving other nations wondering if they might be next in line for Trump’s tariff hammer.

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China's DeepSeek AI Just Shocked the World

China's DeepSeek AI, reportedly developed in several months for $5.6M, rivals top US models like GPT-4, outperforming in reasoning and efficiency. Its open-source approach threatens OpenAI's dominance, impacting tech stocks and shifting global AI power dynamics. But what is it?

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