The trade protection measures suggested in the Section 232 report submitted to the US government would create "deviations in global trading" and increase unfair trade competition, according to steel trade associations in Turkey.
And the threat of a 53% import tax to be levied by the United States on Turkish goods would "definitely stop Turkish exports into the country," they added.Section 232 allows the US president to impose trade sanctions on any imports that are believed to pose a threat to national security.The US is trying to keep its domestic steel industry "within a bell jar" by attempts to block steel exports from countries such as Turkey, which are trading within the rules set by the World...