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Colombia Retaliates with 50% Tariffs on Ecuadorian Goods

3/4/2026

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Summary

Story summary

Colombia's Trade Ministry announced on March 2, 2026 a draft decree to raise tariffs on about 300 Ecuadorian goods to 50% from 30%.
The decree responds to Ecuador's tariff increase to 50% on Colombian imports, citing border security.
Colombia says Ecuador's tariffs violate the Cartagena Agreement, which promotes duty-free trade.
Colombia estimates import declines of 75% ($640 million) and export declines of 79% ($1.5 billion) from Ecuador.

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Story summary

Colombia's Trade Ministry announced on March 2, 2026 a draft decree to raise tariffs on about 300 Ecuadorian goods to 50% from 30%.
The decree responds to Ecuador's tariff increase to 50% on Colombian imports, citing border security.
Colombia says Ecuador's tariffs violate the Cartagena Agreement, which promotes duty-free trade.
Colombia estimates import declines of 75% ($640 million) and export declines of 79% ($1.5 billion) from Ecuador.