President Donald Trump's decision to impose tariffs on Colombia could raise the price of some goods such as crude oil, coffee, and cut flowers, NBC News reported.

On Sunday, Trump posted to Truth Social that he directed his administration to place "25% tariffs on all goods coming into the United States. In one week, the 25% tariffs will be raised to 50%."

The tariffs come as a response to Colombia blocking the repatriation of illegal immigrants that the United States deported.

As of 2022, the bilateral trade between Colombia and the U.S. was an estimated $53.5 billion, according to the U.S. Trade Representative. According to NBC, Colombia is not one of the U.S.'s largest trading partners.

Colombia's largest export to the U.S. is petroleum. In 2022, according to the Observatory of Economic Complexity, crude oil exports to the U.S. were estimated at $6.05 billion.

NBC reported that the second-largest export from Colombia to the U.S. is coffee, valued at $1.8 billion. Colombia accounts for roughly 20% of the coffee shipped to the United States, making it the second-largest source of imports after Brazil, according to the U.S. Department of Agriculture.

Cut flowers, Colombia's third-largest export to the U.S., valued at $1.6 billion in 2022, are also expected to be affected.

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