COLOMBIA Law and Practice Contributed by: Jaime Trujillo, Juan David Velasco, Natalia Ponce de León and Angelica Navarro, Baker McKenzie S.A.S.
Impact of Global Trade Developments As of 2025, Colombia’s trade regime is being indirectly affected by escalating global trade tensions, particularly the intensifying trade war between the United States, China and other major economies. The United States has recently imposed a universal 10% tariff on nearly all imports, alongside a 145% tariff spe - cifically targeting Chinese goods. In retaliation, China has enacted tariffs of up to 125% on US exports. These measures have disrupted global supply chains and altered trade flows, creating both challenges and opportunities for Colom - bia. While certain Colombian sectors may ben - efit from trade diversion and increased export potential, others face rising costs for imported inputs and heightened uncertainty in interna - tional markets, which could undermine industrial competitiveness and economic stability.
that it remains relevant in light of technologi - cal advancements; • regulatory sandboxes – these controlled environments will allow for the testing of AI innovations under flexible regulatory condi - tions, promoting responsible experimentation; • incentives for AI research and development – the bill of law seeks to implement pro - grammes and funding to support AI research; and • protection of fundamental rights – continuous monitoring and oversight will be carried out to classify and mitigate risks, ensuring the safe development and use of AI.
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