Trump’s Tariff Innovation Targets Turkey, May Hit Thyssen and Mannesmann — Panjiva
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Trump’s Tariff Innovation Targets Turkey, May Hit Thyssen and Mannesmann

Materials - Metals/Mining 796 Metals - Steel 544 Sanctions 171 Tariffs 1870 Turkey 74 U.S. 5404

President Trump has announced that section 232 duties on steel and aluminum will be doubled for exports from Turkey. That forms part of a widening set of sanctions against Turkey and is an innovative use of the national-security basis for section 232 duties. Presumably the use-case could be widened to other American sanctions targets including Russia and represents another source of corporate supply chain. Turkey is a relatively small part of U.S. steel and aluminum imports with $938 million of exports having represented 2% of the total in the 12 months to June 30. Yet, there could be...

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