Ecuador Scraps Its 100% Tariff on Colombian Goods, Ending a Trade War

ECUADOR · TRADE Key Facts —The move: Ecuador’s customs agency cut its “security tariff” on Colombian imports to zero from June 1, ending a charge that had peaked at 100%. —The escalation: The tariff began at 30% in February, rose to 50% in March and hit 100% on May 1, prompting matching Colombian duties and […] The post Ecuador Scraps Its 100% Tariff on Colombian Goods, Ending a Trade War appeared first on The Rio Times .