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Turkey says extra U.S. tariffs against rules of WTO

Kitco News

ANKARA (Reuters) - Turkey’s Trade Ministry on Friday said additional steel and aluminum tariffs announced by U.S. President Donald Trump were against the rules of the World Trade Organization (WTO).

“Turkey expects other member countries to abide by international rules,” the ministry said in a statement, adding that it would support steel and aluminum exporters in all international platforms. It said the United States remained an important trade partner.

Trump on Friday intensified his spat with Turkey on Friday by imposing higher tariffs on metal imports, putting unprecedented economic pressure on a NATO ally and deepening turmoil in Turkish financial markets.

Reporting by Gulsen Solaker, Nevzat Devrangolu and Ezgi Erkoyun; Writing by David Dolan; Editing by Alison Williams

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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