Colombia and Ecuador impose new tariffs and trade restrictions on each other

A trade dispute between the neighboring countries of Colombia and Ecuador is escalating. Colombia has halted electricity sales to Ecuador and imposed tariffs, while Ecuador plans to impose a 30% tariff on Colombian goods starting in February.

Colombia criticized Ecuador's decision to increase fees on a pipeline that carries Colombian oil, calling it a 'pipeline fee hike.' The countries are also in a dispute over drug trafficking issues.