Tariff war makes trade with Ecuador unviable, warns Analdex

“The only ones benefiting from these actions are illegality.” This is how the president of Analdex, Javier Díaz, summarized the scope of the tariff measures adopted in the past hours by the government of Ecuador...

Tariff war makes trade with Ecuador unviable, warns Analdex

TL;DR

  • Ecuador has raised the security tariff on Colombian products from 30% to 50%.
  • Analdex president Javier Díaz stated this measure makes binational trade unviable.
  • Díaz questioned what specific actions Ecuadorian President Daniel Noboa expects from Colombia.
  • Colombian officials claim coordinated border security efforts and significant troop deployments.
  • Díaz believes the tariff hike benefits illegal activities over legitimate trade.