The United States Trade Representative has announced the signing of a reciprocal trade agreement with Ecuador on 13 March 2026. Among other things, the agreement includes that Ecuador will eliminate or reduce tariffs on more than 90% of U.S. agricultural products and discontinue use of the Andean Price Band System, while the United States will provide Most Favored Nation (MFN)-tariff treatment to Ecuador for certain qualifying goods from Ecuador that cannot be grown, mined, or naturally prod…