President Donald Trump announced Monday that tariffs on imported Turkish steel would be raised to 50%, among other measures, in response to the country’s invasion of Kurdish-controlled areas of Northern Syria.
In addition to raising tariffs on Turkish steel to 50% — matching the rate from five months ago — Trump’s statement said he’d authorized sanctions on anyone “contributing to Turkey’s destabilizing actions in northeast Syria.” He also said he had put trade talks on hold.
Read Turkey is 8th largest supplier. 5% of their exports come to the US. Don’t know if it amounts to a hill of beans or not.
ED correct import numbers.