More than 2,000 Colombian products would reach the United States due to tariffs in Ecuador
The Government of Colombia announced that it will raise tariffs to 100% on products from Ecuador, a decision that directly responds to the measure adopted by that country against Colombian exports.
TL;DR
- Colombia will impose a 100% tariff on products from Ecuador.
- This measure is a direct retaliation for Ecuador's action against Colombian exports.
- The decision indicates a rise in trade disputes between the two nations.