Mexico City, Feb. 5 -- Mexican President Claudia Sheinbaum on Tuesday downplayed the impact of Ecuador's plan to impose a 27-percent tariff on Mexican goods, noting that trade between the two countries constitutes only a small portion of Mexico's exports.
"Yesterday, I asked how much we import from Ecuador, I think it accounts for 0.4 percent of Mexico's total imports," Sheinbaum told reporters at her regular morning press conference.
Ecuadorian President Daniel Noboa said on Monday that the country will impose a 27-percent tariff on products imported from Mexico to promote domestic production.
In a post on social platform X, Noboa said, "the New Ecuador has always been open to commercial integration, but not when there is abuse."
"...