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

QUITO (Reuters) - 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 conservative president says that he is raising tariffs on Mexican imports in a move that echoes the trade barriers that U.S. President Donald Trump has announced _ but then paused _ against