Ecuador raised tariffs on Colombian imports to 50 per cent beginning March 1 from 30 per cent earlier.
The former had imposed a 30 per cent tariff on imports from the latter in early February, citing trade deficit and a lack of cooperation in combating narcotics trafficking along their 586-km border.
Colombia said it is weighing its response and open to dialogue as it has to protect its exporters.
The former had imposed a 30 per cent tariff on imports from the latter in early February, citing trade deficit and a lack of cooperation in combating narcotics trafficking along their 586-km border.
Colombia said it is weighing its response and open to dialogue as it has to protect its exporters.
