Related Keywords: American cotton growers, into Turkish steel exports, NCC, reckless policy, retaliation against US investigation, stockpiles, Turkey imposing three percent duty, Turkish government, US cotton exporters
Turkey is imposing the U.S. cotton exporters with a three percent duty as retaliation against a U.S. investigation into Turkish steel exports. The final decision of the Turkish government on its anti-dumping investigation of U.S. cotton was released.
Based on assertions that U.S. cotton was dumped into Turkey injuring the domestic fiber market — which the National Cotton Council (NCC) steadfastly challenged — a three percent CIF (cost, insurance and freight) duty has been imposed on all U.S. cotton fiber imports into Turkey, effective immediately.
