US terminates Turkey\'s preferential trade agreement\, reduces tariffs on steel



US terminates Turkey's preferential trade agreement, reduces tariffs on steel

This agreement allowed some exports to enter U.S. duty free, said the White House on Thurday.


Representational image

, Reuters

The United States has terminated Turkey's preferential trade treatment under a program that allowed some exports to enter the United States duty free, the White House said in a statement on Thursday.

The decision will be effective May 17, it said.