Loading...
Stories, tips, and insights from the expat community in Cuenca
Search results for “exports”Clear search
Remember that 15% tariff we told you about? The US Supreme Court struck it down. Trump came back with 10% instead, which took effect today. About a third of Ecuador's exports are completely exempt. Here's the updated picture.
Ecuador's international reserves reached a historic $11.86 billion in February — a 166% increase in just 14 months. For expats keeping savings in a dollarized economy, this is the most reassuring economic signal in years.
The White House raised tariffs on Ecuador from 10% to 15%, hitting shrimp, bananas, tuna, and broccoli exports. Ecuador's production minister is in damage-control mode, and the ripple effects could reach Cuenca's grocery shelves.
Cuenca's Terminal Terrestre processed over 58,000 departures and 36,500 arrivals during the four-day Carnival weekend. The numbers tell the story of a city that empties out — and fills back up — in dramatic fashion.
Ecuador received a record $7.9 billion in remittances last year — more than bananas, shrimp, or cacao exports. Now a combination of ICE enforcement, deportation fears, and a new US tax on cash remittances is cutting those flows. In Cuenca, families report receiving half what they used to.
On February 13, the US and Ecuador announced they've 'substantially concluded' a new trade agreement. Ecuador is dropping tariffs on American wine, nuts, fruit, and wheat. Here's what might actually change for expats shopping at Supermaxi.
If you've lived in Cuenca for any length of time, you've seen them: rows of roasted guinea pigs turning golden on spits. Now, that distinctly Azuayan flavor is making its way to dinner tables in New York City.