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Turkey likely to hike duties on imports of American cotton

Related Keywords: Adidas and Nike, companies, data from Turkish Statistical Institute, home to a major textile industry, imported USD 519 million worth of US cotton in 2016, retaliation against potential US steel tariffs, such as Zara, supply global fashion brands, Turkey, Turkey likely to hike duties on imports of American cotton

Turkey, home to a major textile industry and companies that supply global fashion brands such as Zara, Adidas and Nike, imported USD 519 million worth of US cotton in 2016, according to data from the Turkish Statistical Institute. Turkey is likely to hike duties on imports of American cotton, as retaliation against potential US steel tariffs, said one of President Tayyip Erdogan's economic advisers on Tuesday.

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