Date: 4 months ago   Category: Economy

Turkey has raised taxes on a number of the American goods — Rambler News Service


Photo: Pixabay Turkey has increased the import duties by a number of the American goods. The relevant decree of the president of the country Recep Tayyip Erdogan is published in the official publication T.C. Resmi Gazete, Reuters reports. In particular, the decree of the president the import duties on alcohol (140%), passenger cars (120%) and on tobacco leaves (60%) double. Besides, the document duties on cosmetic production, rice and coal double. The day before Erdogan announced the beginning of boycott of electronic production from the USA after introduction by Washington of sanctions against Ministers of Justice and the Ministry of Internal Affairs of Turkey and doubling of rates of the customs duties on steel and aluminum. On August 10 the U.S. President Donald Trump has doubled rates of duties on steel and aluminum from Turkey. Next day Erdogan has said that he is ready to begin trade with partners in national currencies.

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