Proposed Retaliatory Tariffs Over Turkish GSP to Be Terminated
The Office of the U.S. Trade Representative said that since Turkey agreed to remove its digital services taxes before the international tax agreement takes effect, "the United States will terminate the currently-suspended additional duties on goods of Turkey that had been adopted in the DST Section 301 investigation." The goods that could have been targeted with additional 25% tariffs were in 32 subheadings, and there was more than $300 million worth of the products imported from Turkey in 2019 (see 2106020047).
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The USTR press release said, "The United States remains hopeful that India, the other country covered by the DST investigations, will join a similar agreement."