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Colombia's Petro Seeks Major Trade Pact Overhaul

10/1/2025

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Story summary
  • Colombian President Gustavo Petro aims to renegotiate the United States free trade pact and terminate Colombia’s trade agreement with Israel.
  • He cites environmental concerns and proposes tariffs on CO2-emitting machinery; after Washington revoked Petro's visa, officials said they would renounce US visas.
  • Modifications require Colombia's Congress approval; the United States remains Colombia's largest trade partner, accounting for 30% of exports.