Turkey imposes taxes on US goods

ANKARA, Turkey has decided to impose taxes on a number of US goods in response to steel and aluminum import tariffs imposed by US President Donald Trump.

The Turkish taxes target US coal, paper, walnuts, almonds, tobacco, paddy, automobiles, cosmetics, machinery and equipment, and petrochemical products, sources at the Turkish Ministry of Economy were quoted by Anadolu news agency as saying.

The value of these US products amounts to USD 1.8 billion, while planned Turkish taxes are worth more than USD 266 million, the sources said.

US President Donald Trump decided in March to impose import duties of 25 percent on steel and 10 percent on aluminum.

Source: Kuwait News Agency

Turkey imposes taxes on US goods

ANKARA, Turkey has decided to impose taxes on a number of US goods in response to steel and aluminum import tariffs imposed by US President Donald Trump.

The Turkish taxes target US coal, paper, walnuts, almonds, tobacco, paddy, automobiles, cosmetics, machinery and equipment, and petrochemical products, sources at the Turkish Ministry of Economy were quoted by Anadolu news agency as saying.

The value of these US products amounts to USD 1.8 billion, while planned Turkish taxes are worth more than USD 266 million, the sources said.

US President Donald Trump decided in March to impose import duties of 25 percent on steel and 10 percent on aluminum.

Source: Kuwait News Agency