Turkey doubles tariffs on US imports in retaliation
China Daily | Updated: 2018-08-16 07:41
Foreign tourists get surprise bonanza from lira plunge in currency crisis
ISTANBUL - Turkey has doubled tariffs on some imports from the United States, such as cars, alcohol and tobacco, in what its vice-president said was a response to deliberate US attacks on the Turkish economy.
The move came 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.
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