From 30% to 50%: The Chronology of the Trade War Facing Colombia and Ecuador

TL;DR

Ecuador increased its security tax on Colombian imports from 30% to 50%, escalating a trade dispute that began in January.
The conflict started with Ecuador imposing a 30% tariff on Colombian imports, followed by Colombia's reciprocal measures on Ecuadorian products.
Both countries have implemented retaliatory tariffs on various goods, including agricultural products and manufactured items.
Colombia has taken legal action against Ecuador within the Andean Community, citing violations of trade agreements.
Business associations warn that the tariff escalation could significantly impact bilateral trade and affect small and medium-sized enterprises.
The Andean Community's resolution of this dispute could set precedents for safeguard measures and tariffs within the bloc.

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