Ecuador’s Tariff on Mexico: Political Strategy Amid Crisis

Ecuador’s President Daniel Noboa announced a 27% tariff on imports from Mexico, amid diplomatic strains and in an effort to boost his political image. As Noboa campaigns for re-election on February 9, he faces significant challenges, including a security crisis and mounting economic issues. Despite his limited time in office, he expresses hope for a decisive electoral outcome.

On February 3, Ecuadorian President Daniel Noboa unexpectedly announced a 27% tariff on imports from Mexico, amidst ongoing diplomatic tensions. In response, Mexican President Claudia Sheinbaum remarked that Ecuador constitutes only a minor part of Mexico’s trade, accounting for a mere 0.4% of its imports. This move has puzzled economists, particularly since Ecuador primarily imports pharmaceuticals from Mexico.

Observers suggest that President Noboa is attempting to bolster his strongman image by following a similar approach to former U.S. President Donald Trump, who enacted comparable tariffs shortly before suspending them. At age 37, Noboa is seeking re-election on February 9, following a tumultuous 15 months in office marked by a recent assassination of a presidential candidate and severe security challenges. He openly admitted, “Nothing can be solved in a year.”

Noboa faces significant hurdles, including a persistent security crisis that has gripped Ecuador for five years, compounded by a current energy and economic crisis. Despite concerns regarding his leadership record, Noboa aspires for a decisive first-round victory in the upcoming elections.

The situation highlights the intertwined nature of domestic politics and international trade relations within Ecuador. As Noboa navigates these challenges, his administration’s decisions will undoubtedly influence the country’s future and his own political career.

Ecuador is currently experiencing a complex political landscape characterized by economic turbulence and rising violence. President Daniel Noboa’s recent tariff on Mexican imports reflects escalating diplomatic tensions and an effort to project strength as he campaigns for re-election. Historically, Ecuador has maintained a trade relationship with Mexico, primarily importing medical supplies, thus making Noboa’s tariff decision particularly impactful amid ongoing crises. Noboa’s administration follows the resignation of former president Guillermo Lasso, which created a power vacuum and political unrest that culminated in the assassination of a leading presidential candidate. As Noboa’s first term nears its end, the prospect of stability hinges on the outcome of the rapidly approaching elections where he hopes to affirm his leadership despite his short tenure.

President Daniel Noboa’s recent decision to impose tariffs on Mexican imports amidst a climate of violence and economic instability demonstrates his strategy to strengthen his political image while addressing pressing domestic concerns. As he campaigns for re-election, the intersection of foreign relations and domestic crises will be critical in shaping Ecuador’s future. Noboa’s ability to navigate these challenges will define his leadership and the electorate’s response to his administration.

Original Source: www.lemonde.fr