ISTANBUL (Reuters) – Turkey has sharply raised tariffs on some U.S. imports, including passenger cars, alcohol, tobacco, the country’s Official Gazette said on Wednesday.
The decree, signed by President Tayyip Erdogan, raised the tariffs on passenger cars by 120 percent, on alcoholic drinks by 140 percent and on leaf tobacco by 60 percent. Tariffs were also increased on goods including cosmetics, rice and coal.
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Source: Investing.com