Turkey

Turkey doubles tariffs on some US imports

MNA Business Desk: Turkey has doubled tariffs on some US imports, such as passenger cars, alcohol and tobacco, in what its vice president said was a response to deliberate US attacks on the Turkish economy, reported news agency.

The move comes amid increased tension between the two NATO allies over Ankara’s imprisonment of a pastor and other diplomatic issues.

Last Friday, US President Donald Trump said he had authorised higher tariffs on aluminium and steel imports from Turkey, reports Reuters.

A decree published in Turkey’s official gazette and signed by President Tayyip Erdogan doubled the tariffs on passenger cars to 120 per cent, on alcoholic drinks to 140 per cent and on leaf tobacco to 60 per cent. Tariffs were also doubled on goods such as cosmetics, rice and coal.

Erdogan said on Tuesday Turkey would boycott US electronic products as the row escalated.

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