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

Mexico's President Claudia Sheinbaum on Tuesday dismissed the announcement from Ecuador's president a day earlier to apply tariffs on Mexican goods, noting that her country's trade with Ecuador represents a tiny share of exports.

Ecuador's President, Daniel Noboa, revealed on Monday through social media that a 27% tariff will be applied to imports from Mexico. This measure, as