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After sanctions … Turkey doubled tariffs on US imports due to economic “attacks”

BAGHDAD, Turkey has raised tariffs on US imports, including passenger cars, alcohol and tobacco, as the Turkish Vice President said it was a response to deliberate US attacks on the Turkish economy.

The move comes amid growing tension between the two NATO member states over Ankara's imprisonment of a US priest and other diplomatic issues.

The decree, published in the Turkish Gazette and signed by Recep Tayyip Erdogan, raised the fees on these goods. The fees on passenger cars rose 120 percent, alcoholic beverages 140 percent and tobacco 60 percent. Charges also increased on goods such as cosmetics, rice and coal.

The difference with Washington led the lira to record lows as the Turkish currency lost more than 40 percent of its value against the dollar this year.

US President Donald Trump said on Friday that he had allowed for increased tariffs on aluminum and steel imports from Turkey.

Source: National Iraqi News Agency

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