Global Trade Alert
Global Trade Alert

Turkiye: Tariff increase on iron and steel products, and suspension of duties on certain magnets

Announcement

28 Jan 2023

Turkish government increased the duties on iron and steel products, and suspended the duties on certain magnets.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

01 May 2023

Revocation date:

No revocation date

Import tariff In force

On 28 January 2023, the Turkish government increased the import duties on iron and steel products. The new duties range from 15% to 20%. Subject products are classified under tariff chapter 72. Previo...

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Implementation date

01 Jan 2023

Revocation date:

No revocation date

Import tariff In force

On 28 January 2023, the Turkish government adopted Presidential Decree No.6776 suspending the import duties on certain metal magnets containing neodymium, praseodymium, dysprosium or samarium. The sub...

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