Ecuador’s President Daniel Noboa announced a 27% tariff on imports from Mexico amidst a diplomatic crisis, prompting mixed reactions. This announcement, perceived as a political strategy, coincides with Noboa’s pursuit of re-election on February 9, following a tumultuous tenure marked by violence and economic difficulties.
On February 3, Ecuador’s President Daniel Noboa announced a 27% tariff on imports from Mexico, amidst a growing diplomatic crisis between the two nations. In response, Mexican President Claudia Sheinbaum indicated that Ecuador’s trade impact was minimal, stating, “0.4% of our imports, that is all there is to it.” This tariff decision has puzzled economists, considering that Ecuador primarily imports medicine from Mexico.
Observers suggest Noboa’s move is a political strategy to bolster his image as a strong leader. Franklin Ramirez Gallegos, from the Latin American Faculty of Social Sciences, noted that “Daniel Noboa apparently thinks that imitating Trump… strengthens his strongman image.” This decision comes as Noboa, only in power for 15 months, approaches the February 9 election seeking re-election.
The political landscape in Ecuador has been turbulent, marked by the assassination of candidate Fernando Villavicencio and a prolonged five-year security crisis. Noboa contends that there are limitations to what can be achieved in a single year, as he grapples with significant energy and economic challenges. Despite uncertainties surrounding his administration, he aspires for an overwhelming victory in the upcoming election.
Ecuador is currently navigating a diplomatic crisis with Mexico while facing an assortment of domestic issues, including a security and economic crisis. President Daniel Noboa is operating in an unstable political climate, exacerbated by the assassination of presidential candidate Fernando Villavicencio. His recent tariff announcement appears to be a strategic move intended to solidify his political image just days ahead of the election, further complicating the relationship with Mexico, a key trading partner.
In summary, President Daniel Noboa’s unexpected tariff on Mexican imports, amidst a diplomatic crisis, raises questions regarding his political motives as he seeks re-election. With an already troubled security and economic environment, Noboa’s leadership is under scrutiny as he attempts to navigate these complex challenges while appealing to voters for strong support.
Original Source: www.lemonde.fr
