Duties in the US on steel and aluminum from Turkey will grow by half – to 50 and 20% respectively. This was stated by Donald Trump. The American president did not explain what the increase is specifically connected with, but he specified that the Turkish lira “is rapidly losing in price in relation to a very strong dollar.” Such a step could be triggered by Washington’s discontent over the distance from Ankara from the West, as well as by the divergence in views on the settlement of the conflict in Syria and the military contract that the NATO member country concluded with Moscow. On the economic levers in geopolitics – in the material RT.
Playing the lyre: why Trump doubled the duties on steel and aluminum from Turkey
President of the United States Donald Trump reported a two-fold increase in duties on steel and aluminum from Turkey.
“Just authorized the doubling of duties on steel and aluminum from Turkey. Their currency, the Turkish lira, is rapidly losing in price to our very strong dollar. Now (the amount of duties – RT) for aluminum will be 20%, and for steel – 50%. With Turkey, we now have a bad relationship! “- wrote Trump.
..Because of Tariffs we will be able to start paying out large amounts of the $ 21 Trillion in debt that has been accumulated, much by the Obama Administration, while at the same time. At minimum, we will make much better Trade Deals for our country!
– Donald J. Trump (@realDonaldTrump) August 5, 2018
Previously, Washington had already introduced duties on steel and aluminum in the amount of 25 and 10% respectively. Restrictive measures that affected Canada, Mexico and European countries, entered into force on June 1.
In response, Turkey imposed customs duties on 22 groups of goods imported from the United States. The highest were established for alcohol (70%), cars (60%) and tobacco (30%).
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In August, the United States expressed concern about Ankara’s response. Deputy US Trade Representative Jeffrey Gerrish noted that the total amount of additional duties on American goods was $ 1.78 billion. In Washington, they said that in connection with such actions of the Turkish side, Ankara’s participation in the system of preferences for the import of certain goods to the United States (GSP) may be revised.
“We hope that Turkey will work with us to solve the problems that led to the revision of its duty-free access to the US market,” the spokesman said.
Commenting on the increase in duties, the Ministry of Trade of Turkey noted that such actions are contrary to WTO rules.
“Turkey, which operates according to these rules in its trade policy, expects the same respect for them from other countries. We will continue to support and protect against the illegal actions of our exporters of steel and aluminum on international platforms, including the WTO. The US remains, as before, an important trading partner of Turkey, “RIA Novosti quoted the statement.
Trump’s decision to raise fees demonstrates that the US is not yet ready to recognize Turkey’s right to its own opinion on most issues. This view is held by the expert of the International Institute for Humanitarian and Political Studies Vladimir Bruther.
“Undoubtedly, the US views Turkey as a strategic ally in the region, but now this is most probably not the case anymore. Turkey is not a strategic ally of the US, if only because of the situation in Syria has its own opinion on all issues. Therefore, Turkey has already moved away from the United States, but the US will be afraid that it will move even further, and will try to find some elements of mutual understanding on key issues, “the expert said.
It is unlikely that Trump will be ready to make concessions to Ankara in the long term, says Bruter. At the same time, the expert is sure that Washington will not refuse to negotiate on topical issues.
“The US will have to do this so that Turkey does not run away from the US influence zone too quickly,” the political scientist said.
The main scientific employee of the Institute of USA and Canada RAS, Doctor of Economic Sciences, Vladimir Vasiliev, named one of the reasons for such policy of Washington in relation to Ankara Turkey’s purchase of Russian S-400 air defense system.
Also complicating the situation is the situation with F-35 aircraft – the US authorities threaten to abandon their supplies to Ankara, referring to the law “On Countering America’s opponents through sanctions” (Countering America’s Adversaries Through Sanctions Act, CAATSA).
In addition, the expert believes, Turkish President Recep Tayyip Erdogan basically has a great distrust of the US after the coup in July 2016 years, and the Trump administration failed to improve bilateral relations.
“This may be due to Erdogan’s general departure from the Western vector in Turkish politics. Perhaps he really does not believe that the West is ready to personally support him. Neither America, nor Western Europe want to see him as head of the Turkish state. And in general, this trend will probably continue, “Vasiliev added. The rapprochement in response to duties. Against the backdrop of reports of higher duties and the subsequent sharp devaluation of the Turkish lira, the Dow Jones index opened with a drop in the moment by 210 points. The rate of the national currency fell by about 20%. August 10, Erdogan, commenting on the currency crisis in the country, called on citizens to change foreign currency to Turkish lira and noted that such actions would allow those who “declared an economic war to the country” to respond. Erdogan touched upon relations with “Iran, Russia and a number of European states”, calling their development successful. On the page of the gallery According to the expert of the Center for Security Studies of the Russian Academy of Sciences, political scientist-Americanist Konstantin Blokhin, MP only exacerbates the crisis in relations between Washington and Ankara. “This policy only lead to the fact that all the countries that do not agree with Washington’s policy will be even more closely. We see how the cooperation between Russia, China and Iran is already growing. I think that Turkey will join this union, “the expert suggested.