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Brunson

US terminates Turkey’s preferential trade agreement, reduces tariffs on steel

May 18, 2019 by DailyTimes.pk

The United States on Thursday terminated Turkey’s preferential trade treatment that allowed some exports to enter the country duty free, but it has halved its tariffs on imports of Turkish steel to 25%. The White House said it was appropriate to terminate Turkey’s eligibility to participate in the Generalized System of Preferences (GSP) program, based […]

Filed Under: Business Tagged With: Brunson, GSP program, NATO, reduces tariffs, steel, Tayyip Erdogan, trade agreement, Turkey’s preferential, US terminates, USTR’s website, White House

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