In a decision announced in the Official Gazette, Ankara said Aug. 15 it was imposing extra tariffs on imports of products, including rice, tobacco products, vehicles, alcohol, coal and cosmetics.
Turkey increases tariffs on U.S.-origin products
15 Aug 2018 - 10:42
In a decision announced in the Official Gazette, Ankara said Aug. 15 it was imposing extra tariffs on imports of products, including rice, tobacco products, vehicles, alcohol, coal and cosmetics.
According to the decision, the rate of increase in tariffs is as high as 120 percent, depending on the product.
Turkey’s Vice President Fuat Oktay said on Twitter that the tariffs on certain products were increased "within the framework of the principle of reciprocity in retaliation for the conscious economic attacks by the United States."
Turkey has accused the U.S. of waging an "economic war" as part of a plot to harm the country.
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