Turkey to respond to U.S. over steel, aluminum tariffs
Ankara will apply counter-measures on Washington through $266.5 million in tariffs on the imports of U.S. coal, paper, walnuts/almonds, tobacco, unprocessed rice, whisky, automobiles, cosmetics, machinery and equipment, and petrochemical products, the sources, who spoke on condition of anonymity, told Anadolu Agency on Friday.
The sources added that the value of these imports totals some $1.8 billion.
In March, U.S. President Donald Trump imposed a 25 percent tariff on imported iron and steel, and a 10 percent tariff on aluminum.
The sources said Turkey's move came after its attempt to carve out an exemption to the tariffs remained "inconclusive due to Washington’s current stance".
Turkey's measures are in line with the losses caused by hurdles to Turkey’s iron and steel exports to the U.S.
Previously, Economy Minister Nihat Zeybekci called the tariffs "unacceptable" for Turkey.
Following the U.S. decision, Zeybekci also asked Commerce Secretary Wilbur Ross to exclude Turkey from the tariffs.
In late April, Turkish Deputy Prime Minister Mehmet Simsek also met with U.S. Treasury Secretary Steven Mnuchin in Washington and discussed the issue.
On April 30, Trump announced that the U.S. would delay the tariffs on aluminum and steel imports from the European Union, Canada, and Mexico. ■