A decree published in today’s edition of the official gazette in Turkey concerns retaliatory customs duties (referred to as “additional fiscal burden”) against imports of certain U.S. goods.
Decree no. 2018/11973 (25 June 2018) was issued in response to new U.S. tariffs on steel and aluminum. In Turkey, the new additional customs duties have an effective date of 21 June 2018.Under the decree, there are new extra customs duties for:
The following unofficial table sets out the list of products (by HS codes) and the additional customs duty rates that will apply to imports from the United States:
|HS Code||Additional Fiscal Burden Rate (%)|
Read a June 2018 report [PDF 324 KB] prepared by the KPMG member firm in Turkey
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Partner, Global Practice Leader
Partner, National Practice Leader
John L. McLoughlin
Principal, East Coast Leader
Luis (Lou) Abad
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