Turkey boosts tariffs on some U.S. products, more than doubling them on cars and alcohol

August 15, 2018

Turkey, U.S. in economic war ostensibly about pastor, though relations between NATO allies have been tense

Turkey is boosting tariffs on imports of certain U.S. products, including rice, cars, alcohol, coal and cosmetics — escalating a feud with the United States that has helped trigger a currency crisis.

Tariffs are more than doubling for American cars and alcohol, for instance, to 120 per cent and 140 per cent, respectively.

"Turkey does not favour an economic war, but it cannot remain unresponsive when it is attacked," said Ibrahim Kalin, a spokesperson for President Recep Tayyip Erdogan...

This was excerpted from the 14 August 2018 edition of CBC News.

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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