Colombian President Gustavo Petro appears to have caved to a tariff threat from President Donald Trump, issued this afternoon on "Truth Social" in response to the country refusing to allow the U.S. military to fly deportees directly back to South America.

The U.S. and Colombia pulled back from the brink of a trade war on Sunday after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants. U.S. President Donald Trump had threatened tariffs and sanctions on Colombia to punish it for earlier refusing to accept military flights carrying deportees as part of his sweeping immigration crackdown.