August 15, 2018 / 10:31 AM / 8 months ago

Turkey's doubling tariffs on U.S. products will amount to $533 million, trade minister says

ISTANBUL (Reuters) - Turkish trade minister Ruhsar Pekcan says the doubling of customs tariffs on some imported U.S. products would amount to $533 million (£419 million), the state run Anadolu news agency reported.

Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco in retaliation for U.S. moves.

Reporting by Ali Kucukgocmen; Writing by Ezgi Erkoyun; Editing by Ece Toksabay

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