Mar 22 2018

Turkey among countries targeted for new U.S. tariffs

The United States has included Turkey among countries it has imposed tariffs on for unfairly subsidising the production of steel wire rod for export, German broadcaster Deutsche Welle said.

“The United States imposed anti-dumping tariffs on imports of carbon and alloy steel wire rod from several European nations, Turkey and South Korea,” it said.

Turkey was accused of subsidising the production of the commodity by around 8 percent in order to compete on unfair terms in the U.S. market.

The move comes in advance of the U.S. plan to increase tariffs on steel and aluminium imports on Friday, which may well spark reactions from some of its biggest trading partners.

"President Trump made it clear from the beginning that we will vigorously administer our trade laws to provide U.S. industry with relief from unfair trade practices," Commerce Secretary Wilbur Ross said.