World: Trump halting trade negotiations with Turkey, raising its steel tariffs to 50% - - PressFrom - US
  •   
  •   
  •   

World Trump halting trade negotiations with Turkey, raising its steel tariffs to 50%

23:30  14 october  2019
23:30  14 october  2019 Source:   cnbc.com

Two Gadget Makers Look to Move Manufacturing Out of China, Citing Trade War

  Two Gadget Makers Look to Move Manufacturing Out of China, Citing Trade War Fitbit and Tile say tariffs are a threat to their businesses.Two American consumer electronics companies said this week that they’re looking to shift manufacturing away from China and into other countries, citing pressures from import tariffs on their products amid the trade war.

President Donald Trump announced Monday that he would "soon" issue an order sanctioning Turkish officials, hiking tariffs on Turkish steel up to 50% and "immediately" halting trade negotiations with the country.

Turkey-backed Syrian rebel fighters hold the Syrian opposition flag at the border town of Tel Abyad, Syria, October 14, 2019. REUTERS/Khalil Ashawi © Thomson Reuters Turkey-backed Syrian rebel fighters hold the Syrian opposition flag at the border town of Tel Abyad, Syria, October 14, 2019. REUTERS/Khalil Ashawi

"This Order will enable the United States to impose powerful additional sanctions on those who may be involved in serious human rights abuses, obstructing a ceasefire, preventing displaced persons from returning home, forcibly repatriating refugees, or threatening the peace, security, or stability in Syria," Trump said in a lengthy statement posted to Twitter.

The retaliatory measures followed Trump's decision to order the withdrawal of all U.S. troops from Syria's northern border with Turkey, which has enabled Turkish forces to launch an offensive against the U.S.-allied Kurdish forces there.

This is breaking news. Please check back for updates.

Anger Over Syria Unites Trump Defenders and His Biggest Critics .
Republican Senators returning to Washington after a two-week recess will find themselves debating not only how to handle the House’s impeachment inquiry into Donald Trump but also the president’s widely condemned decision to withdraw U.S. troops from Syria. © Thomson Reuters Turkey-backed Syrian rebel fighters react as they hold their weapons at the border town of Tel Abyad, Syria, October 14, 2019. REUTERS/Khalil Ashawi “Abandoning this fight now and withdrawing U.S.

—   Share news in the SOC. Networks

Topical videos:

usr: 1
This is interesting!