Turkey has decided to take retaliatory measures against the Section 232 tariffs imposed by the US, according to a report by Anadolu Agency.
Accordingly, Turkey will impose customs duties on coal, paper, walnut-almond, tobacco, rice, whisky, automobile, cosmetics, machinery and equipment and petrochemical products from the US, worth $1.8 billion.
Turkish Minister of Economy Nihat Zeybekci has said in a statement to Anadolu Agency that Turkey’s steel exports to the US amount to around $1.18 billion, while steel imports from the US total more than $1.3 billion, adding that they have already stated to US representatives that Turkey should be exempted from the Section 232 tariffs. Zeybekci also added that from now on Turkey will take necessary steps against the US, though they will be open to any negotiations.