From the Liveblog of
Wednesday, August 15, 2018
Turkey hits US with $533 million more in retaliatory tariffs
Add ToI as a Preferred Source on GoogleANKARA, Turkey — Turkey’s trade minister says increased tariffs have been imposed on 22 types of produce and goods imported from the United States, amounting to $533 million of extra duties.
Turkey announces Wednesday increased duties on US products including cars, tobacco and alcohol in retaliation to US sanctions and tariffs on Turkey in an on-going feud over the detention of an American pastor.
State-run Anadolu Agency quotes Trade Minister Ruhsar Pekcan as saying: “We have responded to the sanctions with $533 million dollars of extra tax.”
She says: “The United States is an important trading partner, but it is not our only partner. We have other partners and alternative markets.”
Pekcan says Turkey would continue to “protect the rights of Turkish companies and retaliate” against unjust actions by the United States.
— AP
The Times of Israel Community.