Turkey doubles tariffs on some U.S. imports; lira rallies

ReutersNewsPublished: August 15, 2018
Published: August 15, 2018

Turkey doubled tariffs on some U.S. imports including cars, alcohol and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied a further six percent after a fresh move by banking authorities to underpin the currency. Francis Maguire reports.

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