Turkiye imposes 130% import tariff on some grain imports to protect local produce
25 Apr 2023; MEMO: Turkiye imposed a 130 per cent import tariff on some grain imports including wheat and corn, according to a presidential decision published on Tuesday in the Official Gazette, Reuters reports.
The import duty comes after some European Union countries announced bans on grain imports from Ukraine last week. But some traders said Turkiye's move is largely to protect its local agricultural sectors ahead of landmark 14 May elections.