Turkey's doubling tariffs on U.S. products will amount to $533 million, trade minister says

Image
Reuters ISTANBUL
Last Updated : Aug 15 2018 | 4:45 PM IST

ISTANBUL (Reuters) - Turkish trade minister Ruhsar Pekcan says the doubling of customs tarrifs on some imported U.S. products would amount to $533 million, the state run Anadolu news agency reported.

Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco in retaliation for U.S. moves.

(Reporting by Ali Kucukgocmen; Writing by Ezgi Erkoyun; Editing by Ece Toksabay)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 15 2018 | 4:39 PM IST

Next Story