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Ecuador Imposes 27 Percent Tariff on Mexico

Ecuador's President Daniel Noboa announced on Monday that his country will impose 27 % of Mexico products to secure the “fair treatment” of Ecuador producers.

“As we have recently demonstrated, the new Ecuador has always been open for trade integration, but it was not when there was abuse,” Nova stated in a social media statement.

“We ratify the position to sign a free trade agreement with Mexico, but until that happens, we apply 27 % of tariffs to imports to promote the industry until that happens. For the purpose of doing, he has a fair treatment for producers. “

Novore accompanied Mexico on an Ecuador's non -oil trade deficit chart. Ecuador's President announced after Mexico was recognized under the conditions of President Donald Trump. Agreed Trump had previously published a 25 % tariff on Mexico for a month to send 10,000 units to the northern border and stop the flow of Fentanil on the southern US border.

According to Ecuador's outlet primitive, to Mexico in Ecuador amount Up to $ 573 million from January to November 2024. Ecuador exports to Mexico reached $ 337 million during the same period. The import of Ecuador Mexico includes consumer goods such as drugs, vehicles, fuel, and lubricants, as well as raw materials in the industrial and agricultural sector of Ecuador.

Mexico's distant left -wing President Claudia Shainbaum dislmed with the novoa's tariff announcement at a press conference on Tuesday. Shainbaum Claim The import of Ecuador to Mexico is only 0.4 % of the country.

“Yesterday, we asked how important we were. 0.4 [percent]And I can answer you, “said Symbaum. “Sinarois shrimp is more delicious than shrimp in Ecuador.”

Ecuador discussed with Mexico to ensure a free trade agreement while managing the former president Girermo Rasso. Negotiations were so According to where it is conveyed “99 % is completed”, but eventually stopped in December 2022. Explained The debate on trade was closed by Andre Manuel Lopez Oblador, former left and right Mexican President Mexico, who refused to include Ecuador's shrimp and bananas in trade contracts.

The country has maintained trade relationships, but Mexico has reduced diplomatic relations with Ecuador. April 2024 After Ecuador's enforcement officer attacked the Mexican Embassy in Kito and arrested former Vice President Jorge glass of Ecuador. Glass was so Critical With the crisis of bribery and corruption in 2017, he remained the escape of justice of Ecuador.

Glass was so release In 2022, the court's ruling issued by Judge Emerson Caliparo was determined as part of the alleged survey of taking the BES in exchange for the advantageous ruling of the local drug king and his parent S. I am. Glass called for evacuation from the Mexican Embassy in December 2023 and demanded political asylum.

Christian Karzo is a Venezuela writer and document his life under socialism. You can follow him on Twitter here

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