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.

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