Colombia assesses limited impact of new U.S. tariffs

 Colombia is preparing to respond to the new tariffs the United States will implement starting October 1, 2025, which include a 100% tariff on brand-name drugs, a 50% tariff on kitchen cabinets, a 30% tariff on upholstered furniture, and a 25% tariff on heavy trucks. Although Colombia's direct exposure to these products is less than 1%, this situation demands actions to adjust supply chains, classification, and final assembly in the U.S., in addition to maintaining diplomatic channels to avoid collateral effects and turn the situation into a productive opportunity. These tariffs were announced by President Donald Trump through his social media platform, Truth Social.

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