{
    "success": true,
    "data": {
        "id": 1669392,
        "msgid": "trump-becomes-trendsetter-as-this-country-drops-100-tariff-sanctions-bomb-1775811056",
        "date": "2026-04-10 15:02:24",
        "title": "Trump Becomes Trendsetter as This Country Drops 100% Tariff Sanctions Bomb",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Trade",
        "summary": "Ecuador has announced a 100% import tariff on all Colombian products effective May 2026, escalating a diplomatic and trade dispute triggered by Colombian President Gustavo Petro's comments on a jailed Ecuadorian former vice president. The move follows Ecuador's recall of its ambassador and previous tariff hikes amid accusations of non-cooperation on drug trafficking and illegal mining, with Colombia retaliating by imposing tariffs and halting electricity sales, worsening Ecuador's energy crisis. This tit-for-tat escalation, reminiscent of Donald Trump's trade tactics, threatens to sever trade ties between the Andean neighbours and could lead to Colombia's exit from the Andean Community bloc.",
        "content": "<p>The Ecuadorian government has officially announced the imposition of\na 100% import tariff on all products from Colombia, set to take effect\nin May 2026. This drastic decision was announced on Thursday local time\nas a direct response to a diplomatic dispute involving the leaders of\nthe two South American countries.<\/p>\n<p>This step was taken after Quito recalled its ambassador from Bogota\nas a form of protest against statements by Colombian President Gustavo\nPetro. Petro provoked the anger of the Ecuadorian government by\nreferring to the imprisoned former Vice President of Ecuador as a\npolitical prisoner.<\/p>\n<p>The individual in question is Jorge Glas, who served as vice\npresident under the socialist leader Rafael Correa and his successor,\nLenin Moreno. Glas himself was sentenced to 13 years in prison last year\nin a corruption case, marking his fourth conviction since 2017.<\/p>\n<p>Petro\u2019s statement ignited the fury of the government of right-wing\nPresident Daniel Noboa, a close ally of US President Donald Trump. Noboa\nviews Petro\u2019s remarks as interference in Ecuador\u2019s judicial system.<\/p>\n<p>Petro reacted strongly to the 100% tariff threat, calling the policy\na monstrosity. He even threatened to withdraw Colombia from the Andean\nCommunity of Nations, a trade bloc that also includes Bolivia, Ecuador,\nand Peru.<\/p>\n<p>\u201cThis is truly a monstrosity, but it signals the end of that group,\nin which we are no longer actually participating,\u201d the left-wing leader\nstated firmly via his official account on social media platform X, as\nquoted by AFP on Friday (10\/4\/2026).<\/p>\n<p>Previously, Noboa had initiated the trade dispute with Colombia since\nJanuary, deeming Bogota uncooperative in combating drug trafficking and\nillegal mining along the border. From an initial tariff of 30%, Noboa\nthen raised the tariff on Colombian products to 50%.<\/p>\n<p>Colombia retaliated against this move by imposing a 50% tariff and\nhalting electricity sales to Ecuador. This has exacerbated Ecuador\u2019s\nongoing chronic energy crisis.<\/p>\n<p>As of this report, various negotiation efforts between the two\ncountries continue to reach a deadlock with no agreements reached. The\nimposition of the 100% tariff is predicted to completely sever trade\nrelations between the two neighbouring countries.<\/p>\n<p>Tariff sanctions are often used by Trump to punish countries with\ntrade surpluses against the US. This also serves as Trump\u2019s weapon to\npressure many countries into cooperation.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/trump-becomes-trendsetter-as-this-country-drops-100-tariff-sanctions-bomb-1775811056",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}