Ecuador's conservative president announces tariffs on Mexican exports in an echo of Trump policy
Ecuador's conservative president announces tariffs on Mexican exports in an echo of Trump policy
Ecuador’s conservative president says that he is raising tariffs on Mexican imports in a move that echoes the trade barriers that U.S.
Summary
Ecuadorian President Daniel Noboa announced a 27% tariff on Mexican imports, mirroring Trump’s recent but temporarily halted tariff threats against Mexico.
Noboa claims the move will boost local manufacturing but may also strengthen ties with Washington.
The decision comes amid Ecuador’s diplomatic conflict with Mexico over the arrest of ex-Vice President Jorge Glas.
While trade between Ecuador and Mexico is minimal, the tariffs reflect Noboa’s alignment with Trump, whom he praised as a victory for Latin America. Noboa faces re-election this Sunday.