TURKEY HOLDS OFF ON TARIFFS ON CHINESE TEXTILES WHILE US-CHINA TRADE WAR BUBBLES
April 1st, 2019
TURKEY is delaying introducing new requirements and tariffs on textile imports from China while its government waits to see if there is any escalation in the ongoing Sino-American trade war. The government in Ankara has been mulling protecting Turkey’s textile trade with China since last June (2018), to lessen the country’s trade deficit with China, aiding Turkish manufacturers, according to Turkish newspaper reports. The plan was slated for implementation in mid-July (2018) but was not applied due to resistance from local garment manufacturers and ...
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