This is chaotic for the entire country», he continued. The trade war began in January when the Ecuadorian government announced the application of a 30% «security fee» on Colombian imports, arguing a supposed lack of firm actions by Colombia against drug trafficking on the common border. In response, Colombia imposed tariffs on 73 Ecuadorian products, which came into effect last week, after which Ecuador raised the levy to 50%. Transporters waved flags during a protest against the increase in tariffs on Colombian imports from 30% to 50% at the Rumichaca international bridge in Tulcán (Ecuador). EFE/ Xavier Montalvo Meanwhile, Olga Reasco, another affected rice retailer, stated that sales have decreased because buyers fear being taxed or facing restrictions when crossing to the Colombian side. «We mainly have clients from legal border crossings, I don't know why they were closed», she indicated. Protesters also expressed concern over the situation at the neighboring crossings of Carmelo, Tufiño, and Urbina, which they said remain closed despite expecting a resolution for their reopening. Photo EFE.
Ecuadorian Transporters Protest on Border with Colombia Against Tariff Escalation
Around 800 Ecuadorian transporters held a protest in the city of Tulcán against the increase in tariffs on Colombian goods from 30% to 50%. Traders and carriers state that this measure, part of the trade war between the countries, will deliver a severe blow to the economy of families dependent on cross-border trade.