Colombia responds to Ecuador’s tariff hike with 100-percent import tax
✦ AI Brief
Colombia's trade ministry has announced a tariff increase on Ecuador to 100 percent, matching the rate Ecuador set a day earlier. This move comes amid escalating trade and diplomatic tensions between the two South American nations over illicit drugs and a disputed Ecuadorian politician. Colombia has denied Ecuador's accusations of not fighting drug trafficking, citing its military operations to intercept illicit drugs.