Colombia responds to Ecuador’s tariff hike with 100-percent import tax
Add Al Jazeera on Google google Add Al Jazeera on Google info Click here to share on social media Colombia’s Ministry of Commerce, Industry and Tourism has announced it will raise tariffs on neighbouring Ecuador to 100 percent from 30 percent. The sum, confirmed on Friday, will match the rate Ecuador set a day earlier, amid an escalating trade and diplomatic spat between the two South American nations. Ecuador has in recent months hiked tariffs against its eastern neighbour, citing a trade...
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