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Turkey has made a significant decision to remove additional tariffs on certain US imports, including cars and fruits. This development coincides with Turkish President Tayyip Erdogan’s visit to the United States.
President Erdogan is currently in New York to attend the United Nations General Assembly. During his trip, he is also scheduled to meet with US President Donald Trump. The extra tariffs that Turkey had imposed were initially put in place in 2018. These tariffs were a retaliation against similar US tariffs on Turkish goods during the Trump administration.
The removal of these extra tariffs indicates a possible improvement in trade relations between Turkey and the United States. This change is expected to bring benefits such as:
- Reduced costs for exporters and consumers
- Encouragement of increased trade between the two nations
Stay tuned to Questiqa USA for the latest updates on this evolving trade relationship.
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