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27 Jan 2025

White House: Colombia has agreed to accept illegal migrants returned from the US

In a turn of events, the White House said on Monday that “Colombia has agreed to all of President Donald Trump’s terms, including unrestricted acceptance of all illegal aliens from Colombia returned from the United States (US).”

Additional takeaways

Fully drafted International Emergency Economic Powers Act (IEEPA) tariffs and sanctions on Colombia will be held in reserve and not signed.

Visa sanctions issued and enhanced inspections will remain in effect until the first plane of Colombian deportees is returned.

Jan 27, 2025

USD/CAD climbs near 1.4400 amid reports that Trump advisers want to put tariffs on Canada

USD/CAD recovers its losses from the previous two sessions, trading around 1.4390 during the Asian hours on Monday.
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Jan 27, 2025

WTI falls below $74.00 as Trump reiterates call for OPEC+ to reduce Oil prices

West Texas Intermediate (WTI) Oil price has reversed the gains made in the previous session, trading around $73.90 per barrel during Monday's Asian trading hours.
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