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The Grand Turk |
Turkey hits US with $533 million more in retaliatory tariffs |
2018-08-16 |
[IsraelTimes] ...the decaying remnant of the Ottoman Empire.... ’s trade minister says increased tariffs have been imposed on 22 types of produce and goods imported from the United States, amounting to $533 million of extra duties. Turkey announces Wednesday increased duties on US products including cars, tobacco and alcohol in retaliation to US sanctions and tariffs on Turkey in an on-going feud over the detention of an American pastor. State-run Anadolu Agency quotes Trade Minister Ruhsar Pekcan as saying: "We have responded to the sanctions with $533 million dollars of extra tax." She says: "The United States is an important trading partner, but it is not our only partner. We have other partners and alternative markets." |
Posted by:trailing wife |
#1 The way the Turkish lira's losing value, that $533M' in purchasing power will evaporate in two or three weeks. Nice try, Gollum! |
Posted by: Raj 2018-08-16 00:17 |