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Turkey to Unite With Russia in WTO Complaint Against US Tariffs - Trade Ministry
Turkey to Unite With Russia in WTO Complaint Against US Tariffs - Trade Ministry
Sputnik International
ANKARA (Sputnik) - Turkey is planning to establish cooperation with other countries, including Russia, in WTO dispute consultations with the United States... 20.08.2018, Sputnik International
2018-08-20T18:33+0000
2018-08-20T18:33+0000
2022-08-06T12:14+0000
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Turkey to Unite With Russia in WTO Complaint Against US Tariffs - Trade Ministry
18:33 GMT 20.08.2018 (Updated: 12:14 GMT 06.08.2022) ANKARA (Sputnik) - Turkey is planning to establish cooperation with other countries, including Russia, in WTO dispute consultations with the United States concerning additional import duties imposed by Washington on steel and aluminum products, the country's Trade Ministry said Monday.
"We are taking the necessary steps to protect the rights of our exporters. Our country has begun a process in the WTO on additional US duties on steel and aluminum," the ministry said in a statement.
READ MORE: Turkey Files Complaint Against US Tariffs in WTO Amid Escalating Tensions
"In the near future, we will establish cooperation with exporting countries that have also filed complaints against the US in the WTO [China, Canada, Russia, India, Mexico and the EU countries], We will continue the work to protect our rights," the ministry stressed.
On August 10, US President Donald Trump authorized the doubling of steel and aluminum tariffs on Turkey, up to 50 and 20 percent, respectively, which resulted in the Turkish lira falling to a new historic low.