In this list

Trump again raises Turkey's steel import tariff to 50%

Commodities | Energy | Electric Power | LNG | Natural Gas | Natural Gas (North American) | Oil | Crude Oil | Refined Products | Gasoline | Metals | Steel | Shipping | Tankers | Coronavirus

Market Movers Americas, April 12-16: US gasoline markets priming for stock build

Electric Power

Platts Forward Curves – Gas and Power

Oil | Crude Oil | Coronavirus | Energy Transition | Macroeconomics

37th Asia Pacific Petroleum (APPEC 2021)

Metals | Steel | Raw Materials

US ferrous futures rally as supply constraints push prices higher for longer

Energy | Electric Power | Emissions | Energy Transition | Oil

Energy transition after COVID-19: what pathway are we on?

Trump again raises Turkey's steel import tariff to 50%

Pittsburgh — US President Donald Trump on Monday said he will double the Section 232 tariffs on Turkish steel from 25% to 50% as a result of the country's military actions in Northeast Syria.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

In a statement posted to Twitter Monday afternoon, Trump said he would soon be issuing an executive order increasing the steel tariffs and authorizing the imposition of sanctions against Turkey.

Trump previously raised Turkey's steel tariff rate from 25% to 50% in August 2018 due to the devaluation of the Turkish lira and increased political tension between the countries due to the detention of US Pastor Brunson. Turkey's tariff rate on steel was later dropped back to 25% in May 2019.

Under Section 232 of the 1962 Trade Expansion Act, the president is able to adjust the tariff level set for any country at any time they see fit.

-- Justine Coyne,

-- Edited by Tom Balcerek,