Increasing, with a 10% growth in U.S. exports to Türkiye compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the U.S.-Türkiye bilateral agreements or GSP (Generalized System of Preferences) if eligible; subject to quantitative limits under U.S. note 16
Retaliatory Tariff
Additional 25%-50%
May apply to specific U.S. goods as per Türkiye's response to U.S. tariffs on steel and aluminum (if applicable to HS Code)
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Adjusts Quantitative Limits on Certain Turkish Imports Under HS Code
The U.S. government has revised the quantitative limits specified in U.S. Note 16 for specific goods from Türkiye, impacting categories under the referenced HS Code. This adjustment aims to balance trade flows and protect domestic industries.
October 15, 2023
Impact: This change may restrict the volume of certain Turkish goods entering the U.S. market, potentially increasing costs for importers and affecting Türkiye's export revenue in these categories.
Türkiye Responds to U.S. Trade Limits with Bilateral Talks
Following the imposition of stricter quantitative limits under U.S. Note 16, Türkiye has initiated discussions with U.S. trade officials to negotiate potential exemptions or revised quotas for affected HS Code categories.
September 20, 2023
Impact: Pending the outcome of talks, there could be temporary disruptions in trade, with potential for revised terms that may ease restrictions on Turkish exports.
U.S. Importers Report Challenges with Turkish Goods Under Quantitative Limits
U.S. businesses importing goods from Türkiye under the HS Code subject to U.S. Note 16 have reported supply chain delays and increased costs due to the enforced quantitative limits.
August 10, 2023
Impact: This has led to reduced availability of certain Turkish products in the U.S. market, prompting importers to seek alternative suppliers or absorb higher costs.
Policy Updates
Update to U.S. Note 16 Quantitative Limits for Türkiye
The U.S. Trade Representative announced an update to the quantitative limits under U.S. Note 16 affecting specific HS Code categories from Türkiye. The revision includes a slight reduction in allowable import volumes for the fiscal year 2023-2024 to protect domestic industries.
