Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights from the US. And the price is still rising.

President Donald Trump has threatened tariffs against Colombia amid a deportation fight. Here's a look at what could see price increases.

The emergency tariffs announced by President Donald Trump would impact billions of dollars of goods entering the U.S.

Colombia has walked back from the brink of a damaging trade war with the United States, reaching an agreement on accepting deported migrants being returned on military planes, after a flurry of threats from President Donald Trump that included steep tariffs.

The US is Colombia's biggest export market, but it makes up only 0.5 percent of American imports, ranking as the 26th largest goods importer to the US.