US-Ecuador Reciprocal Trade Agreement Nears Signing; Tariff Relief Could Cover About Half of Exports
Ecuador and the United States are nearing a Reciprocal Trade Agreement (ART) that would exempt roughly half of Ecuador's exports from tariffs, according to statements by Ecuadorian President Daniel Noboa last week.
In a radio interview, Noboa said a deal would be signed “in a few days” that would remove additional tariffs on 50% of Ecuador’s exports.
The Office of the US Trade Representative (USTR) announced last week that it wrapped ART negotiations with an Ecuadorian delegation on February 13, with a deal expected...
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