Trump wants to impose a 25% tariff on Colombia. Here’s how it could be more expensive.

A trade war erupted on Sunday between the United States and Colombia that could make coffee, flowers and ingredients more expensive for Americans, while corn farmers and chemical companies in the United States could see cash. billions of dollars in trade at risk.

Relations between the two countries quickly soured after the South American country refused a US military plane carrying deported migrants. In response, President Trump said on social media that he would immediately impose a 25 percent tariff on all Colombian imports and raise tariffs to 50 percent within a week. Colombia’s president, Gustavo Petro, threatened a 50 percent tariff hours later.

The United States is Colombia’s largest trading partner, but Colombian products make up a small portion of U.S. imports. Some Colombian products are more obvious than others.

While oil is the most valuable Colombian import to the United States, accounting for $5.4 billion of the $16 billion in products the United States will import from there in 2023, it is a small fraction of overall crude imports. Colombia accounted for a third of total imports of nursery products and 20 percent of coffee imports, according to the Census Bureau. This could mean more expensive coffee and flowers before Valentine’s Day.

Although the US economy is a much larger market than Colombia’s, it could also feel the pain if the tariffs come into effect. The industries most likely to be affected are agriculture and the suppliers of raw materials that form the basis of the industry. U.S. petroleum product manufacturers, for example, will do about $2.5 billion in trade with Colombia by 2023. The country’s most valuable annual export is corn (1 ,2 billion dollars) and chemicals ($1 billion).