Turkey raises tariffs on US-origin products

Turkey raises tariffs on US-origin products
Turkey has increased tariffs on several US-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 US administration’s deliberate attacks on our economy," Vice President Fuat Oktay said on Twitter.

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 US administration.

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