Trump Administration Finalizes Ecuador Trade Deal to Cut Tariffs

US Trade Representative Jamieson Greer on Friday signed an agreement finalizing a trade deal with Ecuador, reducing tariff rates on a number of goods traded between the two economies.

“President Trump is unlocking commercially meaningful market access for American farmers and manufacturers, opening Ecuador’s market of over 18 million consumers to U.S. agricultural and industrial exports,” Greer said in a statement.

Ecuador was originally hit with a 15% reciprocal tariff rate as President Donald Trump announced sweeping global tariffs after retaking power. But the US unveiled a trade framework in November that slashed levies on a number of goods, including ...