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在线翻译:
szdaily -> World -> 
Turkey doubles tariffs on some US imports
    2018-08-16  08:53    Shenzhen Daily

TURKEY has doubled tariffs on some U.S. imports, such as passenger cars, alcohol and tobacco, in what its vice president said was a response to deliberate U.S. attacks on the Turkish economy.

The move comes amid increased tension between the two NATO allies over Ankara’s imprisonment of a pastor and other diplomatic issues, which has sent the lira tumbling to record lows against the dollar.

Last Friday, U.S. President Donald Trump said he had authorized higher tariffs on aluminum and steel imports from Turkey.

A decree published in Turkey’s Official Gazette and signed by President Tayyip Erdogan, doubled the tariffs on passenger cars to 120 percent, on alcoholic drinks to 140 percent and on leaf tobacco to 60 percent.

Tariffs were also doubled on goods such as cosmetics, rice and coal.

“The import duties were increased on some products, under the principle of reciprocity, in response to the U.S. administration’s deliberate attacks on our economy,” Vice President Fuat Oktay wrote on Twitter.

The row with Washington has helped drive the lira to record lows, with the currency losing more than 40 percent of its value against the dollar this year, prompting central bank liquidity moves to support it.

The lira rebounded some 8 percent Tuesday, helped by news of a planned conference call Thursday in which the finance minister will seek to reassure international investors.

Meanwhile, a Turkish court yesterday rejected an appeal for U.S. pastor Andrew Brunson to be released from house arrest during his trial, local media reported.

The continued detention of the pastor has increased tension between the two NATO allies.

Washington imposed sanctions on Turkey, doubling steel and aluminum tariffs over the issue of Brunson, which caused the Turkish currency lira to tumble down against the U.S. dollar. (SD-Agencies)

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