Entran en vigencia los aranceles del 30% de la guerra comercial entre Ecuador y Colombia

Los aranceles del 30% que se impusieron mutuamente Colombia y Ecuador comenzaron a regir desde la medianoche de este domingo, formalizando una guerra ...

Entran en vigencia los aranceles del 30% de la guerra comercial entre Ecuador y Colombia

TL;DR

  • Colombia and Ecuador have imposed reciprocal 30% tariffs on imports starting February 1st.
  • The trade war affects an annual bilateral trade of approximately $2.8 billion.
  • Colombia exports $1.8 billion to Ecuador, while Ecuador exports $900 million.
  • Colombia has placed tariffs on 50 Ecuadorian products, including rice, bananas, oils, sugar, tires, and aluminum.
  • Colombia suspended electricity supply to Ecuador on January 22nd.
  • Ecuador increased the tariff for transporting crude oil from Ecopetrol by $30 per barrel.
  • Ecuador's President Daniel Noboa accused Colombia's President Gustavo Petro of insufficient cooperation in curbing cocaine trafficking.
  • Long queues of trucks were observed at the Rumichaca international bridge before the tariffs came into effect.
  • Business associations from both countries have called for urgent dialogue, warning of significant losses and price increases.