Reuters |
Turkey doubles tariffs on some US imports; Turkish lira rallies
Reuters ISTANBUL (Reuters) - Turkey doubled tariffs on some U.S. imports including cars, alcohol and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied a further six percent after a fresh move by banking authorities to underpin the currency. Turkey Raises Tariffs on a Number of US Products Opinion: Another first for Trump: Using tariffs as diplomatic weapon Turkey Announces Tariffs on US Goods From Cars to Alcohol |
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