Turkey trade unaffected by new US tariffs, says Erdogan

Finance Minister Tanczos Barna told Digi24 live that the tariffs imposed by US President Donald Trump will not lead to immediate price increases in Romania, but uncertainty remains in the medium and long term, especially in the context of trade relations between China and the US. The minister said that "the automotive industry will need a safety net", but Romania is not directly affected "because we do not export cars to the United States of Ame…

Turkey Sees Silver Lining in U.S. Tariffs

Turkish President Recep Tayyip Erdoğan and Finance Minister Mehmet Şimşek offered a confident response to the latest wave of U.S. tariffs, saying Turkey is well-positioned to withstand global trade tensions and may even emerge stronger than other emerging economies. Speaking to lawmakers from the ruling Justice and Development Party (AKP) on Wednesday, Erdoğan said Turkey does not expect the new U.S. tariffs to negatively impact its trade, produ…

"We will overcome this difficult period more easily than many thanks to the fact that we are among the countries with low tariffs," said the Justice and Development Party (AKP) during a meeting of its formation, in which it stressed that they will face this "great uncertainty" thanks to the government's economic program.

Turkey trade unaffected by new US tariffs, says Erdogan

President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of US President Donald Trump's tariffs, which went into effect on Wednesday. Turkey is among the economies that escaped with the lowest "reciprocal" US tariff of 10 per cent…

Erdogan: Turkey not expecting negative trade, export situation after tariffs

President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of US President Donald Trump’s tariffs, which went into effect on Wednesday.