Colombia imposes 100 percent import tax in response to Ecuador’s tariff increase

Colombia has announced a tariff increase on imports from Ecuador, raising the rate to 100 percent from 30 percent, matching Ecuador’s recent hike. This escalation comes amid ongoing tensions related to drug trafficking and the imprisonment of former Ecuadorian Vice President Jorge Glas. Colombian officials argue they have made diplomatic efforts to resolve the issue but faced a lack of constructive response from Ecuador. The new tariffs will take effect immediately.

Want More Context? 🔎