Turkey doubles tariffs on some USA imports over economy 'attacks'

15 Agosto, 2018, 11:24 | Author: Arnold Perez

Explaining the new tariffs, Turkish Vice-President Fuat Oktay said the rises were ordered "within the framework of reciprocity in retaliation for the conscious attacks on our economy by the U.S. administration".

Turkey has increased tariffs on several US products, including alcohol and tobacco products and cars, according to a new presidential decree published early Wednesday in the official gazette.

According to a presidential decree released on Wednesday, the tariffs on goods such as cosmetics, rice and coal have been raised to 100 percent while those on alcoholic drinks, passenger cars and leaf tobacco have reached 140, 120 and 60 percent, respectively.

Relations between Washington and Ankara have rapidly soured in recent weeks over Turkey's detention of an American pastor.

President Donald Trump announced on Twitter last Friday that he would double the tariffs on steel and aluminum imports from Turkey.

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An evangelical from North Carolina, he has been held in Turkey for almost two years over alleged links to the outlawed Kurdistan Workers Party and the Gulenist movement, which Turkey blames for a failed coup in 2016.

Mr Brunson has denied charges of espionage, but faces up to 35 years in jail if found guilty.

The punitive measures pushed Turkey's currency lira into freefall and rattled the country's financial markets.

President Erdogan has accused the United States of trying to "bring Turkey to its knees through threats over a pastor". "You are exchanging your strategic partner in North Atlantic Treaty Organisation for a priest".

Turkey is increasing tariffs on imports of United States products, escalating a feud that has also triggered a currency crisis.

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