Colombia slaps 30 pct tariff on Ecuadorian goods in retaliation

BOGOTA/QUITO, Jan. 22 (Xinhua) -- Colombia will impose a 30 percent tariff on several Ecuadorian products, Minister of Trade, Industry and Tourism Diana Morales announced Thursday, a day after Ecuador revealed its "unilateral" decision to levy a similar tariff on Colombian goods.

"This tariff is not a sanction or a confrontational measure, but rather a corrective action aimed at restoring the balance of trade an