Turkey to Impose Retaliatory Measures against US Tariffs

Friday, May 18, 2018

Turkey will impose counter-measures on the United States in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, the state-run Anadolu news agency said on Friday, citing officials from the economy ministry.

The measures will target U.S.-based coal, paper, walnuts, almonds, tobacco, paddy, whiskey, automobiles, cosmetics, machinery and equipment, and petrochemical products, the officials were quoted as saying.

Trump decided in March to impose import duties of 25 percent on steel and 10 percent on aluminum, drawing criticism from other countries for heightening the risk of a global trade war.


(Reporting by Nevzat Devranoglu and Tuvan Gumrukcu; Editing by David Dolan)

Categories: Government Update Finance Logistics Legal Container Ships Bulk Carriers RoRo

Related Stories

Panama President: Future Port Contracts Will Not Be Issued to a Single Operator

CK Hutchison Launches Arbitration over Panama Canal Ports Contract Ruling

PSA Singapore, MOL O.S.K. Lines to Establish Singapore Ro-Ro Terminal

Current News

NYK Invests in Oceanic Constellations Tech Startup

Tallink Shuttle to Run Entirely on Renewable Energy

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Maersk’s 2025 Report: Some Records and Some Lay Offs

Subscribe for Maritime Logistics Professional E‑News