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Turkey Ready to Impose Retaliatory Tariffs on US Imports - Cavusoglu

© Sputnik / Fuad SafarovTurkish Foreign Minister Mevlut Cavusoglu
Turkish Foreign Minister Mevlut Cavusoglu - Sputnik International
ANKARA (Sputnik) - Turkish Foreign Minister Mevlut Cavusoglu said that Ankara was ready to retaliate against the US steel and aluminum tariffs by imposing counter restrictions on US imports.

"We discussed [with Pompeo] the economic relations between our countries. The tariffs imposed by the United States are worrying about our industry. We said at the talks that if we impose retaliatory measures, they will inflict more losses to the United States because our [US] import is greater than export," the minister told the NTV broadcaster.

On Monday, Cavusoglu and US Secretary of State Mike Pompeo discussed the pressing issues in the Turkish-US relations, including the US tariffs on imported steel and aluminum, which were imposed by US President Donald Trump earlier in March and triggered resentment among a number of the US trade partners.

An employee looks on from behind coils of steel as acting Secretary of Labor Seth Harris speaks to workers after a tour of ArcelorMittal Steel's hot dip galvanizing line in Cuyahoga Heights, Ohio (File) - Sputnik International
Analysts Explain Possible Outcome of US Tariffs Policy: 'Workers Will Lose'
The US tariffs already became a disputed issue between Washington and its closest allies, Canada, Mexico and the European Union. On Thursday, Washington announced it would impose a 25-percent steel tariff and the 10-percent aluminum tariff on the European Union, Canada, and Mexico, effective June 1. The move came after months of talks on possible exemptions.

READ MORE: Turkish FM Vows Weapons to Be Taken From Kurdish Militants in Manbij

Meanwhile, Washington has also been engaged in intensive trade negotiations with Beijing. The two parties reached an agreement in late May to reduce the bilateral trade deficit, but it is yet unclear whether the deal will work amid bilateral warnings to impose additional restrictions.

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