Chinese embassy denies unfair competition in steel imports

China's embassy in Colombia responded to the government's 25% tariffs on steel imports from countries without a free trade agreement, denying unfair competition against the local steel industry. It emphasized that Chinese products are of good quality and competitive prices, accounting for less than 0.3% of total imports in 2025. It warned that restrictions would raise costs in other sectors and harm employment.

The Colombian government imposed 25% tariffs on steel and metal imports from countries without a free trade agreement, prompting a response from China's embassy. Ambassador Zhu Jingyang stated that Chinese products do not engage in unfair competition against the local steel sector. “Chinese products, of good quality and competitive prices, constitute an indispensable and beneficial complement for Colombia,” the embassy said in a statement on March 26, 2026. Their edge stems from a developed industrial system, advanced technology, and efficient production management. In 2025, China's steel exports to Colombia were under 0.3% of the annual total. The embassy argued that curbing these imports fails to fix local industry issues but raises costs for other sectors, harms businesses and consumers, and hinders economic growth and jobs. China supports rules-based multilateral trade and proposes supply chain cooperation to upgrade Colombian industries for higher competitiveness. It noted concerns from Camacol, which may pursue legal action, and Andi's support for the tariffs to safeguard industry. It invited Colombians to visit China to see product quality firsthand.

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Dramatic border scene of Colombian officials imposing 30% tariffs on halted Ecuadorian trucks amid trade retaliation, with flags, cargo, and power lines.
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Colombia imposes 30% tariffs on Ecuadorian products amid trade tensions

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Ecuador imposed a 30% tariff on Colombian imports due to border security concerns, prompting Colombia to retaliate with similar measures, including tariffs on 23 Ecuadorian tariff items and a temporary suspension of electricity exports. This escalation impacts bilateral trade worth billions of dollars and endangers jobs in sectors like agriculture and manufacturing. Business groups urge restoring diplomatic dialogue to prevent further economic fallout.

China has announced annual quotas and a 55% tariff on beef imports exceeding limits for South American suppliers like Argentina, Brazil, and Uruguay, but Colombia is exempt due to its small market share.

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The Colombian government has approved a list of products imported from Ecuador that will face a 30% tariff in response to similar measures by that country. The decision aims to restore trade balance within the Andean Community framework. Commerce Minister Diana Marcela Morales Rojas justified the action as a defense of national security.

멕시코 상원은 아시아 국가 1,400개 이상 제품에 최대 50% 관세를 부과하는 법안을 승인했으며, 주로 중국 수입품을 대상으로 국내 생산자를 강화하기 위한 조치다. 클라우디아 셰인바움 대통령은 이 조치가 '멕시코 플랜'을 지지하며 국가 경제에 해를 끼치지 않는다고 옹호했다. 베이징은 이 관세가 자국 이익에 해롭다고 비판했다.

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Colombia's Ministry of Mines and Energy published Resolution 40064 on January 22, 2026, suspending international electricity transactions with Ecuador in response to President Daniel Noboa's 30% tariffs. The measure takes effect from 6 PM that day and prioritizes national supply. Ecuador claims it has sufficient capacity to meet its energy demand without imports.

Former Finance Minister P Chidambaram has described the joint statement issued by the US and India on February 6, 2026, as unequal and marked by American audacity. He argues that the framework lacks true reciprocity, with India making several commitments. The statement includes India's pledges to reduce tariffs on US goods and purchase $500 billion worth of American products over five years.

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멕시코가 비FTA 국가의 아시아산 제품에 최대 50% 관세 인상을 승인하면서 한국 기업들의 운영에 대한 우려가 커지고 있다. 한국의 멕시코 수출품 중 30%에 해당하는 기계, 자동차 부품, 전자 부품이 영향을 받을 전망이다. 그러나 산업부는 중간재 관세 감면 프로그램으로 인해 영향이 제한적일 것이라고 평가했다.

 

 

 

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