Turkey has lifted additional tariffs on certain US imports, including alcoholic drinks, cars, tobacco and cosmetics, the trade ministry said in a statement on Monday.
AFP
Turkey had placed additional duties on a range of US-origin products under World Trade Organisation (WTO) rules in response to US tariffs imposed in 2018 on imports of steel and aluminium.
“At this stage, as a result of the positively progressing negotiations with the United States and the consultations held within the framework of the WTO dispute settlement mechanism, including panel reports, the additional financial obligations applied to the import of certain US-origin products have been terminated,” the ministry said in a statement.
It added that economic ties remain a key pillar of the strategic dialogue between Ankara and Washington, with both sides pursuing a target of $100 billion in bilateral trade.
Ankara’s move comes ahead of a key meeting this week between Turkish President Recep Tayyip Erdogan and his US counterpart Donald Trump at the White House.
Trump announced that Erdogan will visit the White House on Thursday, after the two leaders participate in the UN General Assembly in New York.
