Ecuador's conservative president said Monday that he is raising tariffs on Mexican imports in a move that echoes the trade barriers that U.S. President Donald Trump announced — but then paused — against Mexico.

Ecuador's President Daniel Noboa announced on Monday that his government will apply a 27% tariff on Mexican goods in an effort to promote fair treatment for his country's companies.

Ecuador's President Daniel Noboa announced on Monday that his government will apply a 27% tariff on all Mexican goods in an effort to promote fair treatment for his country's companies.

Ecuador announced it will impose a 27% tariff on all Mexican goods. However, fewer than 0.1% of all Mexican exports in 2023 went to the South American country

Ecuador will apply the tariff to “ensure fair treatment” of Ecuadorian producers, President Daniel Noboa said on Monday.

Ecuador is now entering the tariff fray. Its president announced on Monday that it is levying a 27% fee on Mexican goods entering the country.

By Mathew Cohen Ecuador has announced a 27% tariff on Mexican imports, imitating recent trade measures threatened by the United States under the protectionist administration of newly inaugurated President Donald Trump.