The White House said Sunday night that Colombia has agreed to allow the United States to transport repatriated migrants back to the country after two US military planes carrying deportees were blocked by Colombia early Sunday,

US President Donald Trump announced sweeping tariffs on Colombia before abruptly pulling the threat after reaching a deal on the return of deported migrants, a move that rattled global markets in the space of several hours.

American consumers narrowly escaped dramatic increases in the cost of their morning coffee and Valentine’s Day flowers after President Donald Trump on Sunday announced, then quickly rescinded, a 25% tariff on all imports from Colombia — with plans for a whopping 50% tariff to be imposed one week later.

He slaps a 25% tariff on Colombian goods and imposes a raft of visa restrictions. Latin American nations are grappling with how to deal with Trump on his signature issue.

The White House claimed victory in a showdown with Colombia over accepting flights of deported migrants from the U.S. on Sunday, hours after President Donald Trump threatened steep tariffs on imports and other sanctions on the longtime U.S. partner.

The country’s leader, Gustavo Petro, backed down after a clash with President Trump, which started when Mr. Petro turned back U.S. military planes carrying deportees.

The two nations spent much of the day in a tense standoff after President Donald Trump said the South American nation had turned away two deportation flights.

President Donald Trump said Sunday that he was ordering tariffs, visa restrictions and other retaliatory measures to be taken against Colombia after its government rejected two U.S. military flights carrying migrants.

President Donald Trump is holding off on imposing tariffs and sanctions on Colombia following an agreement on accepting deportation flights.

Colombia said Monday it had sent aircraft to repatriate migrants deported from the United States after apparently bowing to President Donald Trump's threats of painful tariffs for defying his plans for mass expulsions.

Trump said the Colombia's refusal jeopardized U.S. national security. He imposed tariffs on incoming goods, sanctions on government officials, enhanced border inspections of Colombian nationals, and banking and financial sanctions.