The decision comes two months after US President Donald Trump agreed to lift tariffs on steel and aluminum from Mexico and Canada after the three nations agreed on a revised North American free trade pact.
Duties levied on aforementioned US products will be reduced from $521.2 million to $260.6 million, trade minister Ruhsar Pekcan says.
The US wants to tax $11.2 billion worth of EU goods from jets to Cheese. The US tariff wish-list reflects Trump administration's calculation of the harm EU subsidies have inflicted on the US
The EU leadership is willing to forge new alliances to overcome Trump's harsh trade policies and secure its borders without Washington's support.
The US president signed proclamations allowing relief from the quotas on steel from South Korea, Brazil and Argentina and on aluminium from Argentina.
Mevlut Cavusoglu’s remarks came after US President Donald Trump said Turkey "has not proven to be a good friend" during a Cabinet meeting Thursday.
"If they have their iPhones, the others have their Samsung [phones]. In our country, we have Venus and Vestel," says Turkish President Erdogan while announcing boycott of US electronic goods amid an ongoing rift between the two NATO allies.
Turkey's President Recep Tayyip Erdogan says the US is destroying a strategic partnership and accused US President Donald Trump of declaring war "against the whole world including our country."
President Recep Tayyip Erdogan also said that Turkey would prepare to trade with its key partners in local currencies so that it and its allies would not be dependent on the dollar.
Turkish President Erdogan's statements follow US President Donald Trump's announcement that he had doubled steel and aluminium tariffs on Turkey, noting that relations between the NATO allies were "not very good".
The blow by Brussels came hours after Trump's trade offensive brought the resignation of his top economic advisor Gary Cohn, an influential ex-Goldman Sachs banker who fiercely opposed the measures.
French Economy Minister Emmanuel Macron warns UK would still have to contribute to EU budget for trade deal after Brexit
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