Turkey increases tariffs on some US imports
(WorldNews Turkey)

Ankara, Turkey - Turkey said Wednesday it is increasing tariffs on imports of certain U.S. products, including rice, cars, alcohol and coal - escalating a feud with the United States that has helped trigger a currency crisis. The Turkish government said tariffs on American cars will be doubled to 120 percent while those on alcoholic drinks will be hiked by the same rate to 140 percent. Overall, the duties will amount to $533 million, a relatively small sum that is unlikely to hurt U.S. companies much and appears meant instead to make a political point. Vice President Fuat Oktay said on Twitter that the tariffs on certain...