THE SIGNAL
Ecuador on Monday imposed and then rescinded a tariff on goods from Mexico.
Ecuadorian President Daniel Noboa, who attended President Donald Trump’s inauguration in a show of support for the American leader, announced Monday he was slapping a 27 percent tariff on Mexican imports, according to the Associated Press.
The South American leader said the action would help local manufacturers, but AP’s report offered the idea that he was “seeking favor with Washington.”
In a Spanish-language post on X, Noboa said he would be happy to have a free trade deal with Mexico but “not when there is abuse,” according to CNN.
Ecuador’s 2023 imports from Mexico totaled $541 millio …
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