Ministry Of Education: Türkiye Against Backdrop Of US Duties Is In More Advantageous Position

Türkiye is in a favorable position in trade with the United States against the backdrop of the decision of President Donald Trump to introduce duties on goods supplied to this country. This is stated in the statement of the Ministry of Trade of Turkey.

The department noted that Turkey was among countries with one of the smallest increase in tariffs.

“the United States examines Turkey as a balanced and profitable trading partner, and Turkish exporters retain their competitiveness in the world markets. This creates a significant advantage compared to Turkey. With many countries, primarily the states of Asia and Latin America, ”the press release says.

earlier US President Donald Trump signed a decree on the introduction of new duties against dozens of countries that will come into force on August 7. Tariff rates vary from 10% to 41%.