Trump Effect: Ecuador Imposes 27 Percent Tariff on Mexico

Trump Effect: Ecuador Imposes 27 Percent Tariff on Mexico


President of Ecuador Daniel Noboa announced on Monday that his country will impose a 27 percent tariff on Mexican goods to ensure “fair treatment” of Ecuadorian producers.

“As we have demonstrated these days, the New Ecuador has always been open to trade integration, but not when there is abuse,” Noboa said in a statement on social media. 

“We ratify our position to sign a Free Trade Agreement with Mexico. But, until that happens and becomes a reality, we will apply a 27 percent tariff to the products we import, with the objective of promoting our industry and that there is fair treatment to our producers,” he continued.

Noboa accompanied the announcement with a chart of Ecuador’s non-oil trade deficit with Mexico. The Ecuadorian president issued

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