No.1 Opportunity for 2025 [Take Action Now!]

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

White House threatens Colombia over regulations affecting US auto exports

MANUEL RUEDA
April 15, 2025

BOGOTA, Colombia (AP) -- The White House is urging Colombia to halt the implementation of new auto safety regulations that could jeopardize American car exports to Colombia, as both nations prepare to discuss tariffs recently imposed on Colombian products including coffee, avocados, flowers and oil.

In a letter to Colombia's Ministry of Commerce, U.S. Trade Representative Jamieson Greer said that plans by Colombia to change certification requirements for cars and auto parts entering the country could lead to the "total cessation" of U.S. automotive exports to Colombia, which were worth almost $700 million last year.

The letter, dated April 11, was leaked to Colombian media outlets Tuesday and a copy was also obtained by The Associated Press. In it Greer warns that if Colombia does not change its plans, it would be conducting an "unfair trading practice that may generate swift enforcement action by the United States."

Colombian Minister of Commerce Cielo Rusinque refused to comment on the letter, but in a radio interview Tuesday she said the safety regulations would be among several issues that will be up for consideration when representatives of both nations meet to discuss tariffs later this month.

Since 2021, Colombia has been developing new technical requirements for brakes, car windows, tires and seatbelts that are aligned with international safety protocols developed by the United Nations.

Colombia's government now wants manufacturers who sell cars and car parts to Colombia to get certification from a third party that verifies their products meet these international standards.

The office of the U.S. trade representative argues in its letter that cars manufactured in the United States must already comply with U.S. federal motor safety standards and that Colombia has not provided any proof that these standards are insufficient.

In a report on global trade barriers published earlier this year, the U.S. trade representative's office said that manufacturers have told the U.S. government that they lack the capacity to obtain third party verification for their auto products.

The dispute over car exports comes just months after Colombia and the United States almost entered a trade war over deportation flights.

In January President Gustavo Petro refused to accept deportation flights from the United States, arguing that Colombian citizens on those flights were being treated in an inhumane manner. In response, Trump threatened to impose 25% tariffs on Colombian exports such as coffee, flowers, avocados and oil.

The dispute was solved in less than 24 hours, with Petro once again accepting deportation flights from the U.S., though most of these are now operated by Colombia's Air Force.

Colombia was hit with 10% tariffs on its exports to the U.S. earlier this month, when Trump unveiled his new economic emergency measures.

Last week, the Colombian government sent letters to U.S. officials inviting them to start negotiations over the new tariffs, which could seriously hurt the nation's agricultural exports.

The U.S. is Colombia's largest trading partner, and purchases about 30% of its annual exports.

Colombia and the U.S. signed a free trade agreement in 2012, that has also boosted Colombian imports of American corn, soy, machinery and chemicals.

In 2024, the U.S. had a 1.3 billion trade surplus with Colombia.

Continue Reading...

Popular

Air traffic controllers briefly lose radar access again at Newark airport

The air traffic controllers directing planes into the Newark, New Jersey, airport lost their radar Friday morning for the second time in two weeks.

50 Major Companies That Will Likely Fail to Survive Trump's MAGA Economy - Ad

50 major companies that will likely fail to survive Trump's MAGA economy. Many have 5-star ratings. Most are "buys" per Wall Street. But they're dead companies.

Musk's Ex-Wife Opens Up About Why Life With Elon Was So Difficult

Justine Wilson recently shed light on the complexities of their marriage and the challenges she faced being married to the Tesla CEO.

Revolutionary $20,000 Electric Truck Hits the Market, Stripping Down to the Basics

Michigan-based Slate Auto is preparing to shake up the EV market with the introduction of its minimalist, highly affordable electric truck, the Slate Truck, which is priced under just $20,000.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits

VANCOUVER, British Columbia (AP) — Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston before heading to Laurel, Mississippi, to visit the home of one of their favorite HGTV shows, “Home Town.”

Jeff Sperbeck, former agent for John Elway, dies after injury at 62

LA QUINTA, Calif. (AP) — Jeff Sperbeck, a business partner and former agent for NFL Hall of Famer John Elway, died Wednesday after suffering an injury last weekend at a Southern California golf resort community. He was 62.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Okta Stock Is Climbing After The Bell: Here's The News Bringing Buyers In

Okta shares are rising in extended trading Monday following an announcement that the company will be added to the S&P MidCap 400.

Gold Is Being Poured. the Market Hasn't Reacted. - Ad

A test mining program just demonstrated that an experienced mining team has unlocked the value in a built mine atop a high-grade gold deposit. Ore's already been processed. But the stock is still trading like it's early stage. That won't last long.

Eli Lilly Set To Report Earnings As Investors Eye Weight Loss Drug Momentum

Eli Lilly (LLY) will report Q1 results on Thursday. Analysts expect in line results with focus on tirizepatide and obesity franchise.

A massive explosion and fire strikes Iranian port and injures at least 281 people

TEHRAN, Iran (AP) — The number of injured from an explosion Saturday at a port in southern Iran jumped to 281, the state-run IRNA news agency reported.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

SoFi Stock Is Up 11% This Week: What's Going On?

Shares of SoFi Technologies have surged 11% since Monday's open. The company on Tuesday announced a strategic expansion into alternative investments.

Odyssey Marine Exploration Stock Surges On Continued Momentum: What's Going On?

Odyssey Marine Exploration Inc. (NASDAQ: OMEX) shares are trading higher Thursday, extending the momentum from a major intraday spike driven by reports of a forthcoming U.S. executive order favoring the deep-sea mining industry.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Tens of thousands of Los Angeles County workers begin 2-day strike

LOS ANGELES (AP) — More than 50,000 Los Angeles county workers began a two-day strike Monday evening, closing libraries and disrupting administrative operations across the nation's most populous county.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

This CEO Says Tariff Uncertainty Is Actually Good for His Business

John Santora, the CEO of WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in business for the coworking space company.

What's Going On With Advanced Micro Devices?

Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Monday after a volatile week shaped by investor trades and broader movement in semiconductor stocks.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Cathie Wood Bets Against Mark Zuckerberg's Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival

Cathie Wood's Ark Invest shuffled its portfolio on Tuesday, April 29, 2025, selling Meta shares ahead of earnings while buying into AMD, Shopify, and several biotech names.

World Liberty's Stablecoin In $2 Billion Deal, SoFi Reintroduces Crypto And Riot Platforms' Q1 Results: This Week In Crypto

The weekend was a whirlwind of activity in the financial world, with a particular focus on cryptocurrencies. From Peter Schiff’s surprising preference for Dogecoin over Bitcoin to Riot Platforms’ Q1 results, there was no shortage of intriguing developments. Let’s dive into the top stories. Peter Schiff Prefers Dogecoin Over Bitcoin

This Intercept Stopped the Gold Sector Cold - Ad

114.26 g/t over 10.6m. That's not a typo. And it wasn't deep exploration-it was in an active mining zone.

Nigel Farage takes aim at the UK's dominant parties with hefty gains in local elections

LONDON (AP) — The hard-right party Reform UK led by snatched a seat in Parliament from the governing Labour Party and won hundreds of local council seats from the opposition Conservatives in elections that Farage hailed Friday as a turning point towards ending the two parties' poltiical dominance.

Jeff Bezos Wants To Send You To Space After Katy Perry: Here's How Much A Reservation With Blue Origin Costs

Blue Origin is taking reservations for its next trips to space after sending pop star Katy Perry there. Here's how much a reservation costs.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

A New Gold Discovery in Red Lake? - Ad

Two new gold anomalies just lit up the maps. They sit right beside a restart-ready mine-and follow the exact fold pattern that's made Red Lake world famous.

Arizona communities bank on Trump's push for coal to ensure they're not forgotten

JOSEPH CITY, Ariz. (AP) — Brantley Baird never misses a chance to talk history, from how his great-grandmother helped settle the town of Snowflake long before Arizona was granted statehood to tales of riding to school bareback and tethering his horse outside the one-room schoolhouse.

A bushel of fruit and vegetable motifs give decor a healthy farmstand vibe

Interior designer and stylist Jonny Carmack has a “fruit room” in his Danbury, Connecticut, home. Colorful faux produce bedecks every inch, from the cherry-shaped ceiling fixture to a strawberry side table and a bunch of other juicy gems in decorative forms.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Surveillance video shows New York-to-Paris flight stowaway slipping past gate agents

NEW YORK (AP) — The woman who was able to sneak onto a New York-to-Paris flight without a boarding pass late last year was able to get on the plane by glomming onto a group of ticketed passengers as they passed gate agents, new surveillance video shows.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service