1 The New US Administration, a Bullish Catalyst for Gold

[GoldBroker]

Trump's second term is off to a flying start. In just a few days, the new president's first decisions are already making themselves felt. On a visit to Colombia to explore mining sites, I noticed that Trump's first foreign policy decision was precisely about that country. Colombian President Gustavo Petro initially prohibited the landing of two US military aircraft, each carrying around 80 deported Colombians, citing the need to guarantee dignified treatment for these people. In response, US President Donald Trump introduced emergency tariffs of 25% on all Colombian imports, threatening to raise them to 50% within a week if Bogotá did not reverse its decision. At the same time, travel bans and visa cancellations were imposed on Colombian government officials, while tighter customs controls were applied to travellers and goods from Colombia. Faced with these economic and diplomatic pressures, the Colombian government finally agreed to accept the deported...

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