Turkey takes complaint about US steel and aluminium duties to WTO
President Recep Tayyip Erdogan has called the tariff increase, which caused the Turkish lira to crash nearly 20%, a ‘political plot’ and an ‘economic war’
Geneva — Turkey has lodged a complaint against additional US duties on steel and aluminium at World Trade Organisation (WTO), the international trade court said on Monday. US President Donald Trump earlier this month announced on Twitter that he had doubled steel and aluminium tariffs on Turkey amid a row over an American pastor held for two years on terror charges. "Turkey claims that the measures are inconsistent with a number of provisions of the WTO’s Agreement on Safeguards and the General Agreement on Tariffs and Trade 1994," said a statement on the WTO’s website. The first stage in the process is a request for bilateral consultations to attempt to resolve the dispute. It can take years to resolve disputes if WTO trade judges become involved. The two Nato members are at odds over Turkey’s detention of American pastor Andrew Brunson. The announcement of the tariffs on August 10 caused the Turkish lira to crash nearly 20%, and prompted Turkish President Recep Tayyip Erdogan to c...
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