Turkey has increased tariffs on several U.S.-origin products, including alcohol and tobacco products and cars, according to a new presidential decree published early Wednesday in the official gazette.
Under the decree, Turkey will raise tariffs to 100 percent on imports of the products.
The new decree amends a presidential decree on July 11.
"Tax rates on imports of some products have been increased on a reciprocal basis against the U.S. administration's deliberate attacks on our economy," Vice President Fuat Oktay said on Twitter.
The Turkish Ministry of Environment and Urbanization on Tuesday announced that Turkey will boycott U.S. construction materials.Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdülhamit Gül for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.U.S. President Donald Trump on Friday ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively.Details to follow.Erdoğan says Turkey will boycott US electronic products
Turkey to boycott US construction materials
Among the products are cars, rice, some alcohol and tobacco products and some cosmetic products like sun creams.
On Friday, Turkey’s Foreign Ministry said Turkey would retaliate against the raising of steel and aluminum tariffs by the U.S. administration.
Foreign Ministry Spokesman Hami Aksoy said on Twitter that President Donald Trump's decision, which also violates World Trade Organization rules, does not comply with "state seriousness".
Trump ramped up his attack on Turkey by raising steel and aluminum tariffs to 50 percent and 20 percent respectively.
Turning against the U.S. version, a Chinese firm has now decided to import raisins and dried figs from Turkey instead.The amount of products that China’s Hangzhou Linan Food Company wants to buy is very important for the Turkish market, Yavuz Selim Sen, the head of Shanghai-based consulting firm Felixum, told Anadolu Agency on Tuesday."They were buying raisins from Chile and the U.S., but we introduced them to Turkish raisins and they loved them so much. They didn't import figs directly but from now on they will import figs from Turkey as well," Sen said.Turkey faces speculative attack, not crisis: BankerHangzhou Linan officials will be in Turkey this week to see its products on offer.The Chinese firm is expected to make a deal with Turkish producers to buy 1,000 tons of raisin and 400 tons of dried figs.Sen said Far Eastern markets have a great export potential for Turkish firms and so exporters should make long-term plans to succeed in these markets.Sen added that more Chinese firms will come to Turkey to do business in the years to come.In 2017, Turkey exported 1,250 tons of raisins and 484 tons of dried figs to China.Russia's Lavrov, in Turkey, calls US sanctions policy illegitimateTurkish Airlines pulls ads from US media as Ankara-Washington row escalatesUS pastor in Turkey appeals for release, lifting of travel banErdoğan says Turkey will boycott US electronic products
Chinese firm to buy raisins from Turkey rather than US
The U.S. decision is another salvo in the growing dispute between Turkey and the U.S.
Last week, a Turkish delegation returned from Washington with no movement on the detention of American pastor Andrew Brunson, who is under house arrest in Turkey over terrorism charges.
Brunson's charges include spying for the PKK -- listed as a terrorist group by both the U.S. and Turkey -- and the Fetullah Terrorist Organization (FETÖ), the group behind the defeated coup attempt in Turkey of July 2016.
The Turkish Ministry of Environment and Urbanization on Tuesday announced that Turkey will boycott U.S. construction materials.Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdülhamit Gül for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.U.S. President Donald Trump on Friday ramped up his attack on Turkey by doubling U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively.Details to follow.Erdoğan says Turkey will boycott US electronic products
Turkey to boycott US construction materials
Turkey and the U.S. are currently experiencing rocky relations following Washington’s imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing Brunson.
The two NATO allies have been at odds since the defeated coup, which Ankara accused U.S.-based Fetullah Gülen and FETÖ of masterminding.
Turkish President Recep Tayyip Erdoğan on Tuesday said that Turkey will boycott U.S.'s technology products amidst a row between the two diplomatic allies.
Erdoğan: Turkey will boycott US electronic products