US Tariffs and Economic Challenges Threaten Colombian Flower Exports
Colombian flower exporters are facing significant challenges due to a 10% US tariff imposed last April, affecting their competitiveness in the US market, which accounts for 80% of their exports. The Valentine’s Day season, crucial for the industry, is overshadowed by these tariffs, a strengthening Colombian peso, and a 23% rise in minimum wage. These factors are squeezing margins and threatening the viability of the sector, which employs approximately 240,000 workers. Without economic relief, the industry could face layoffs and farm closures by July. 
