Ecuador will apply the tariff to “ensure fair treatment” of Ecuadorian producers, President Daniel Noboa said on Monday.

Mexico's President Claudia Sheinbaum on Tuesday dismissed the announcement from Ecuador's president a day earlier to apply tariffs on Mexican goods, noting that her country's trade with Ecuador represents a tiny share of exports.

Ecuador's conservative president said Monday that he is raising tariffs on Mexican imports in a move that echoes the trade barriers that U.S. President Donald Trump announced — but then paused — against Mexico.