Colombia retaliates with 100 percent tariffs on Ecuador

similar move by its South American neighbor the day before, the Ministry of Commerce said. The two countries have been engaged in a trade war for months, with Ecuador's right-wing President Daniel Noboa criticizing his leftist counterpart Gustavo Petro for failing to crack down on drug trafficking and illegal mining along their shared border. On Thursday, Ecuador hiked tariffs on Colombian goods from 50 percent to 100 percent, prompting Petro to recall his ambassador to Bogota. Colombia has imposed reciprocal tariffs every time Ecuador has raised tariffs since the start of the year, going from an initial 30 percent to 100 percent. But Petro specified Friday afternoon that some materials essential to Colombian industrial production will have "zero percent tariff," in an X post. "We have exhausted all diplomatic efforts," Colombian Commerce Minister Diana Morales said in a statement. The simmering tensions between the two Andean nations intensified this week after Petro called ...