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of their morning coffee and Valentine’s Day flowers after President Donald Trump on Sunday announced, then quickly rescinded, a 25% tariff on all imports from Colombia — with plans for a whopping 50% tariff to be imposed one week later.

By threatening Colombia with the type of sanctions reserved for U.S. adversaries, Trump inflamed global interest in cultivating alternatives to the dollar.

"Our job—where we can'is to provide Latin America with a choice," a U.K. government minister said on Thursday.

Trump briefly raised the idea of buying Greenland in his first term and expressed shock—even calling off a planned visit to Copenhagen—when his offer was refused. This time around, he’s not backing down. He has held at least one reportedly tense phone conversation on the matter.

Oil prices retreated on Monday after the U.S. pulled back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions, though U.S. President Donald Trump's muscle-flexing is keeping markets twitchy.

U.S. President Donald Trump and Colombian President Gustavo Petro ended their public tit for tat that began when military planes with migrants were blocked, a disagreement that veered into tariff threats on both sides.

Oil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.

There were no Situation Room meetings and no quiet calls to de-escalate a dispute with an ally. Just threats, counterthreats, surrender and an indication of the president’s approach to Greenland and Panama.

MEXICO CITY — A busy shelter for migrants in southern Mexico has been left without a doctor. A program to provide mental health support for LGBTQ+ youth fleeing Venezuela was disbanded. In Colombia, Costa Rica, Ecuador and Guatemala, so-called “Safe Mobility Offices” where migrants can apply to enter the U.S. legally have shuttered.

President Trump warned of new tariffs on China, Canada, and Mexico as soon as February 1. Here's where his trade plans stand as the deadline nears.

President Donald Trump's economic warfare and "respect equals fear" philosophy will be key tenets of his administration's foreign policy approach as he begins his second term in the White House.

One of the problems with Donald Trump is that he doesn’t … know stuff. My own theory of the case, following Sherlock Holmes’ advice—“When you have eliminated the impossible, whatever remains, however improbable,