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Turkey to Impose 40% Tariff on Chinese Vehicle Imports, Minimum $7,000
Jun 8, 2024, 08:11 AM
On June 8, 2024, Turkey will impose a 40% additional tariff on all vehicle imports from China. The new tariffs, which will be a minimum of $7,000, are aimed at curbing imports and narrowing the current account deficit. The new tariffs will come into effect after 30 days.
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