Related Keywords: amid weak global prices and demand, biggest customers, decision to introduce tariffs widely expected, fraying relations between world top fiber growers, on US cotton imports, Turkey second-biggest buyer of U.S. cotton, Turkey to hit anti dumping duties, US cotton hurting domestic industry, US industry trade association
Turkey to hit anti-dumping duties on U.S. cotton imports, the decision to introduce tariffs has been widely expected since Turkey's Economy Ministry said in February that U.S. cotton was hurting the country's domestic industry, a U.S. industry trade association said on Monday, fraying relations between one of the world's top fiber growers and one of its biggest customers amid weak global prices and demand.
Imports on a cost, insurance and freight (CIF) basis will incur dumping duties of 3 percent effective immediately, the NCC said, the first official confirmation of the move.
