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Sunday, 19 August 2018

Turkey says extra US tariffs against rules of WTO

Reuters , Friday 10 Aug 2018
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Turkey's Trade Ministry on Friday said additional steel and aluminium tariffs announced by U.S. President Donald Trump were against the rules of the World Trade Organisation (WTO).

"Turkey expects other member countries to abide by international rules," the ministry said in a statement, adding that it would support steel and aluminium exporters in all international platforms. It said the United States remained an important trade partner.

Trump on Friday intensified his spat with Turkey on Friday by imposing higher tariffs on metal imports, putting unprecedented economic pressure on a NATO ally and deepening turmoil in Turkish financial markets.

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