A statement issued by the White House noted the decision was taken in line with the US's goal of reducing its annual trade deficit.
The decree signed by Trump stipulates that customs duty rates applied to different countries will vary between 10% and 41%. Türkiye is among the countries subject to the 15% tax. It was emphasized that the tax increases are based on the principle of reciprocity.
The statement noted that following Trump's announcement on April 2, some countries agreed to enter into meaningful trade and security agreements with the US or began negotiations, while others did not take such steps. The US administration announced that it found it “necessary and appropriate” to change the customs duty rates for some countries in this regard.
It was stated that the specified rates would be applied to the countries mentioned in the decree, while other countries not on the list would be subject to a 10% customs duty.
A statement issued by the White House noted the decision was taken in line with the US's goal of reducing its annual trade deficit.
The decree signed by Trump stipulates that customs duty rates applied to different countries will vary between 10% and 41%. Türkiye is among the countries subject to the 15% tax. It was emphasized that the tax increases are based on the principle of reciprocity.
The statement noted that following Trump's announcement on April 2, some countries agreed to enter into meaningful trade and security agreements with the US or began negotiations, while others did not take such steps. The US administration announced that it found it “necessary and appropriate” to change the customs duty rates for some countries in this regard.
It was stated that the specified rates would be applied to the countries mentioned in the decree, while other countries not on the list would be subject to a 10% customs duty.
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