The decision to not impose high duties “seems to be our advantage for now in our access to the US market,” Yilmaz said.
The basic and relatively low duty of 10% imposed by the United States on Turkey could favor Turkish exporters today told CNN Turk, Turkish Vice President Jevedete Yilmaz. Together with the reported main duty that is being implemented today, US President Donald Trump has announced higher duties for imported goods from 57 largest US trading partners, including China, the European Union, Vietnam and Japan.
These duties are expected to begin to apply from next week.
The decision to impose high duties in Turkey “seems to be our advantage for the time being on our access to the US market,” Yilmaz told CNN Turk.
“Duties have already been imposed on iron, steel and aluminum for Turkish exports to the US market. When the US imposed similar duties on others, there was a balance at this point in favor of us, “he added.
Source :Skai
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