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WorldPosted at: Apr 3 2025 10:02AM


Ecuador says US tariffs to hurt key exports

Quito, Apr 3 (UNI) Ecuador's main export industry group warned Wednesday that new US tariffs will significantly affect the country's exports of agricultural goods, notably banana, shrimp and cocoa.
The Trump administration's plan to impose a 10 percent tariff on imports from over 180 countries starting April 5 threatens Ecuador's key exports, which currently enter the United States tariff-free, said the Ecuadorian Federation of Exporters (Fedexpor).
The group said the impact is compounded by Ecuador's lack of a trade agreement with the United States, which is a gap that leaves Ecuador at a competitive disadvantage compared to regional exporters with preferential access.
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