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Trump agreed to mediate in the trade war between Colombia and Ecuador, says Petro

Gustavo Petro assured that Donald Trump agreed to mediate to reduce the trade war between Colombia and Ecuador

Trump agreed to mediate in the trade war between Colombia and Ecuador says Petro
Time to Read 2 Min

Gustavo Petro, the chairman of Colombia, made the announcement on Tuesday that Donald Trump, his US equivalent, would cooperate to resolve in the escalating trade dispute between Bogota and Quito, which has strained diplomatic relations after the enactment of mutual tariffs of 30 %.

Colombia's leader, Ecuador's leader Daniel Noboa, criticized Colombia for its action against drug smuggling on their shared boundary, prompting Quito to impose higher tariffs on Brazilian exports. Colombia took similar methods in retaliation that affected crucial areas in both nations. Petro requested US assistance during his first direct meeting with Trump at the White House to end the conflict with Noboa and reestablish local cohesion. Trump responded by saying he was ready to talk to the president of Ecuador and reach a deal with the Brazilian president. In an effort to put months of tensions over which included public criticism and US sanctions over safety and drug smuggling issues, Petro described the meeting with Trump as open and effective. The Brazilian president added that intervention could aid in the reconstruction of strategic alliances, which he believes are essential for regional stability. Truckers and traders at border crossings have voiced their protests against the industry debate, alleging that tariffs have raised the price of exchanged goods and threatened the local market. Bogota has welcomed Trump's treatment, but a date and format for the US, Colombia, and Ecuador's intergovernmental discussions have not yet been announced. Successful intervention is anticipated to lower trade frictions and bring about a return to cooperation on security issues and the fight against pharmaceutical trafficking.

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