President of Colombia gives up 100% tariff on Ecuador

Understand the tensions between Colombia and Ecuador Colombian President, Gustavo Petro, stated on Monday (13) that his country will not impose 100% tariffs on imports from Ecuador, reversing an announcement made last week by the Ministry of Commerce. Instead, Petro said Colombia would introduce subsidies and what he described as “smart” tariffs. The president did not provide further details about this new taxation. ✅ Follow g1’s international news channel on WhatsApp “There are no 100% tariffs, Trade Minister, we are not that stupid,” Petro said during a televised cabinet meeting. “Everything that is necessary for Colombia, at 0%, comes in.” Tension between the two countries has been increasing since February, when Ecuador imposed tariffs on Colombian products. Furthermore, the crisis entered a new phase when Petro suggested in March that Ecuador carried out a bombing raid on Colombian territory, close to the border between the two countries. According to him, an unexploded bomb was found near the house of a rural family. Afterwards, the Colombian used a social network to state that 27 bodies were found charred in the border region. He did not provide further details about the episode. Daniel Noboa and Gustavo Petro, presidents of Ecuador and Colombia Montage g1/Reuters/Reproduction The president of Ecuador, Daniel Noboa, denied that he ordered a bombing against Colombia. On a social network, he stated that the country is carrying out attacks against criminal groups, but only within its own territory. Petro, however, once again stated that the bomb in the border region belongs to the Ecuadorian Army. In addition to the trade dispute and the bomb case, there are disagreements about the fight against drug trafficking in the border region, where guerrillas and criminal organizations operate. Ecuador began a recent military offensive against these groups, with support from the United States and the mobilization of thousands of soldiers. *With information from Reuters.

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