Ecuador announces 27% tariffs on Mexican goods
CNN
Ecuador will apply the tariff to “ensure fair treatment” of Ecuadorian producers, President Daniel Noboa said on Monday.
Ecuador will apply a 27% tariff on Mexican goods to “ensure fair treatment” of Ecuadorian producers, President Daniel Noboa said on Monday. In a post on X, Noboa said he is open to signing a free trade deal with Mexico, but “not when there is abuse,” though did not elaborate. The president said that until a free trade deal is struck, a 27% tariff will apply to goods imported from Mexico. The announcement comes after US President Donald Trump announced a pause on his threat of 25% tariffs on all imports from Mexico, after a conversation with Mexican President Claudia Sheinbaum. Mexico’s economic ministry did not immediately respond to CNN’s request for comment on Ecuador’s announcement. Last year, the two countries broke off diplomatic relations following Noboa’s order of a raid on the Mexican embassy in Quito, Ecuador to arrest Jorge Glas, a former Ecuadorean vice president. Surveillance footage from the incident in April 2024 showed Ecuadorian police grappling with the Mexican mission’s top diplomat as they arrested Glas, who had been seeking asylum from Mexico when the raid took place. The ex-vice president had sought protection from embezzlement charges by requesting asylum in Mexico, saying that the accusations were politically motivated.
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