{"id":14922,"date":"2026-02-21T10:50:12","date_gmt":"2026-02-21T15:50:12","guid":{"rendered":"https:\/\/bustamantefabara.com\/en\/?p=14922"},"modified":"2026-02-27T15:26:34","modified_gmt":"2026-02-27T20:26:34","slug":"ecuador-united-states-trade-relationship-and-new-tariff-context","status":"publish","type":"post","link":"https:\/\/bustamantefabara.com\/en\/ecuador-united-states-trade-relationship-and-new-tariff-context\/","title":{"rendered":"ECUADOR \u2013 UNITED STATES: Trade Relationship and New Tariff Context"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14922\" class=\"elementor elementor-14922\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23e75e5c e-con-full e-flex e-con e-parent\" data-id=\"23e75e5c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-1609b1bd e-con-full e-flex e-con e-child\" data-id=\"1609b1bd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-69ec2d0f elementor-invisible elementor-widget elementor-widget-image\" data-id=\"69ec2d0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1440\" src=\"https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-scaled.jpg\" class=\"attachment-full size-full wp-image-14914\" alt=\"\" srcset=\"https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-scaled.jpg 2560w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-300x169.jpg 300w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-1024x576.jpg 1024w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-768x432.jpg 768w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-1536x864.jpg 1536w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/02\/Imagen-Web-Principal-2048x1152.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-517017a2 e-flex e-con-boxed e-con e-parent\" data-id=\"517017a2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7060ddf2 e-con-full e-flex e-con e-child\" data-id=\"7060ddf2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-433fcb12 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"433fcb12\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ECUADOR \u2013 UNITED STATES:\nTrade Relationship and New Tariff Context<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73a0755c elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"73a0755c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Impact of the U.S. Supreme Court Ruling and Opportunities Under the Reciprocal Trade Agreement Strategic Importance of the U.S. for Ecuador<\/strong><\/p><ul><li><p><strong>The United States has historically been Ecuador\u2019s main trading <\/strong><\/p><\/li><li><p>According to the Central Bank of Ecuador (BCE), Ecuador exported USD 37 billion in goods in 2025, of which 4% were exported to the United States (surpassed only by the group of European Union countries covered by the Multipartes Agreement, and followed by Panama \u2014 possible initial declared destination).<\/p><\/li><li><p>Total goods imports into Ecuador, according to the BCE, amounted to USD 30.7 billion in 2025, of which 28.1% originated from the United States, followed by China with 25.6%.<\/p><\/li><li><p>Ecuador\u2019s official figures reflect a trade deficit of USD 1.8 billion for<\/p><\/li><li><p>The S. Census Bureau reports that in 2025 the United States imported USD 9 billion from Ecuador and exported USD 8.5 billion to Ecuador, resulting in a U.S. trade deficit of USD 468 million.<\/p><\/li><\/ul><p>A Change That Does Not Necessarily Signal Stability<\/p><ul><li><p>On February 20, 2026, the U.S. Supreme Court ruled (6\u20133) that the President <strong>may not impose tariffs under the International Emergency Economic Powers Act (IEEPA) <\/strong>(<strong>Learning Resources, Inc. v. Trump <\/strong>(No. 24-1287) and <strong>Trump v. V.O.S. Selections, Inc<\/strong>. (No. 25-250)).<\/p><\/li><li><p>The decision considered that, under the Constitution, tariffs fall within Congress\u2019s taxing power, while the IEEPA authorizes the President to \u201cregulate\u201d commerce but does not mention tariffs or taxation.<\/p><\/li><\/ul><p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The so-called \u201creciprocal\u201d tariffs and those linked to fentanyl are eliminated.<\/p><ul><li><p>There is a <strong>possibility of recovering tariffs already paid <\/strong>(if contemplated in contracts).<\/p><\/li><\/ul><p>Relevant Even After the Supreme Court Ruling \u2013 A More Favorable Context<\/p><ul><li><p>The ruling establishes a <strong>more predictable institutional <\/strong><\/p><\/li><li><p>Following the Supreme Court decision that invalidated the 2025 \u201creciprocal\u201d tariffs, Trump has indicated that he will seek to reimpose them \u2014 or implement new tariffs of similar scope \u2014 using other legal authorities.<\/p><\/li><li><p>This is particularly relevant for export sectors sensitive to tariffs (food, fisheries, agribusiness), as it offers greater<\/p><\/li><li><p>It enables negotiations for a Bilateral Investment Treaty and progress toward a Free Trade<\/p><\/li><\/ul><p>Should you require any additional information, please contact:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54e335c9 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-invisible elementor-widget elementor-widget-icon-list\" data-id=\"54e335c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a 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https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/03\/Portada-Web-EN-copia-2048x649.jpg 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Highlights<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/bustamantefabara.com\/en\/bustamante-fabara-announces-the-promotion-of-new-directors\/\" target=&quot;_blank&quot;>\n\t\t\t\tBUSTAMANTE FABARA Proudly Announces the Promotion of Valentina Morillo, Francisco D\u00e1vila, Gino Ivich, and Juan Bernardo Guarderas to Directors\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/bustamantefabara.com\/en\/bustamante-fabara-announces-the-promotion-of-new-directors\/\" aria-label=\"Read more about BUSTAMANTE FABARA Proudly Announces the Promotion of Valentina Morillo, Francisco D\u00e1vila, Gino Ivich, and Juan Bernardo Guarderas to Directors\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tLeer m\u00e1s \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-15176 post type-post status-publish format-standard has-post-thumbnail hentry category-bulletin\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/bustamantefabara.com\/en\/tax-newsletter-april-2026-resolution-no-senae-senae-2026-0031-re\/\" tabindex=\"-1\" target=\"_blank\"><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"95\" src=\"https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/04\/Portada-Web-EN-2-300x95.webp\" class=\"attachment-medium size-medium wp-image-15178\" alt=\"\" srcset=\"https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/04\/Portada-Web-EN-2-300x95.webp 300w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/04\/Portada-Web-EN-2-1024x325.webp 1024w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/04\/Portada-Web-EN-2-768x244.webp 768w, https:\/\/bustamantefabara.com\/en\/wp-content\/uploads\/2026\/04\/Portada-Web-EN-2.webp 1201w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Legal Bulletin<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/bustamantefabara.com\/en\/tax-newsletter-april-2026-resolution-no-senae-senae-2026-0031-re\/\" target=&quot;_blank&quot;>\n\t\t\t\tTax Newsletter \u2013 April 2026 \u2013 Resolution No. SENAE-SENAE-2026-0031-RE: CUSTOMS SERVICE FEE FOR CUSTOMS CONTROL ON GOODS ENTERING FROM COLOMBIA\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/bustamantefabara.com\/en\/tax-newsletter-april-2026-resolution-no-senae-senae-2026-0031-re\/\" aria-label=\"Read more about Tax Newsletter \u2013 April 2026 \u2013 Resolution No. SENAE-SENAE-2026-0031-RE: CUSTOMS SERVICE FEE FOR CUSTOMS CONTROL ON GOODS ENTERING FROM COLOMBIA\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tLeer m\u00e1s \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>ECUADOR \u2013 UNITED STATES: Trade Relationship and New Tariff Context Impact of the U.S. Supreme Court Ruling and Opportunities Under the Reciprocal Trade Agreement Strategic<\/p>\n","protected":false},"author":2,"featured_media":14915,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-14922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"_links":{"self":[{"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/posts\/14922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/comments?post=14922"}],"version-history":[{"count":4,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/posts\/14922\/revisions"}],"predecessor-version":[{"id":14926,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/posts\/14922\/revisions\/14926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/media\/14915"}],"wp:attachment":[{"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/media?parent=14922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/categories?post=14922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bustamantefabara.com\/en\/wp-json\/wp\/v2\/tags?post=14922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}