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Petro Rules Out 100% Tariffs and Presses Noboa to Lift Ecuador’s Trade Hike

His stance sets talks on hold until Quito drops the surcharge.

Overview

  • In a cabinet meeting in the border city of Ipiales, President Gustavo Petro said Colombia will not impose 100% tariffs on Ecuadorian goods and told President Daniel Noboa to remove Ecuador’s surcharge before talks.
  • Petro’s comments contradicted earlier signals from his own Commerce Ministry that had prepared reciprocal tariff increases.
  • Colombia is still stopping electricity sales to Ecuador, a cutoff that increases pressure as officials warn about power needs during a possible El Niño.
  • Ecuador recently raised tariffs on Colombian imports to 100% over border-security complaints, and Noboa has said he does not expect Petro to change and may revisit ties only after elections.
  • Colombian business groups warn a 100% levy would choke trade and hit auto, drug, and manufacturing hubs, pushing border families toward contraband routes and lost jobs.