Fiat-Chrysler, Tupras May Face Challenge Of Worsening U.S.-Turkey Relations — Panjiva
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Fiat-Chrysler, Tupras May Face Challenge Of Worsening U.S.-Turkey Relations

Cons. Discr. - Autos 1246 Energy - Conventional 468 Energy - Refined Oil 203 Materials - Metals/Mining 792 Metals - Steel 542 Sanctions 170 Tariffs 1865 Turkey 73 U.S. 5398

The Turkish government believes the U.S. will not apply planned sanctions following Turkey’s purchase of Russia’s S-400 weapons system. The debate comes just over a year since the U.S. applied increased steel tariffs in retaliation for Turkey’s detention of an American cleric. The prior deterioration in relations has only led to a slowdown the growth in trade between the two countries, not an outright reversal. U.S. imports from Turkey rose 4.6% year over year in the 12 months to Jul. 31 compared to a 13.9% rise in the prior three months. Steel imports dropped 39.2% over the same period,...

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