Ecuador Raises Colombia Tariffs to 100%; Petro Eyes CAN Exit
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Key Points — Ecuador raised tariffs on all Colombian imports to 100% effective May, the third escalation since January in a trade war that has gone from 30% to 50% to total prohibition-level duties. — Colombian President Petro called the move a “monstruosity,” declared the Andean Community dead, and announced Colombia would seek Mercosur membership—potentially […]
The post Ecuador Raises Colombia Tariffs to 100%; Petro Eyes CAN Exit appeared first on The Rio Times.
The post Ecuador Raises Colombia Tariffs to 100%; Petro Eyes CAN Exit appeared first on The Rio Times.
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