President Trump said Friday that the U.S. will double tariffs on steel and aluminum imported from Turkey, as relations between the NATO allies worsen.
Trump tweeted Friday that he authorized raising tariffs on Turkish steel to 50 percent and on aluminum to 20 percent as the country’s currency falls rapidly against the U.S. dollar.
“I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!,” Trump tweeted.
What Are Your Thoughts?
