Colombia’s President Gustavo Petro said Monday that his government will end its free trade agreement with Israel and seeks to revise the one with the United States.

Petro made the announcement during a cabinet meeting amid rapidly deteriorating tensions with its former partners over Israel’s ongoing genocide in Gaza, which is largely sponsored by the US.

The announcement came shortly after an open letter by the Colombo-American Chamber of Commerce, which said that 500 businessmen distanced themselves from the president’s opposition to the genocide.

According to Petro, the “pro-gringo” businessmen failed to understand that life comes before trade.