Colombia's President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the U.S. reached a deal on deportation flights, but the Colombian business community on Monday called for cooler heads to prevail as Colombians bemoaned canceled U.

Deportation flights between the U.S. and Colombia have resumed following a dispute between the two countries that nearly led to a trade war.

The nations spent much of the day in a tense standoff, with the U.S. president threatening tariffs and visa restrictions after Colombia turned away two deportation flights.