US President Donald Trump signed a decree that brought mutual tariffs for 185 countries at the event in the White House on April 2. With this decree, tariffs ranging from 10 to 50 percent to goods imported from many trade partners of the United States began to be applied.
Türkiye, the United Kingdom, Brazil, Australia, United Arab Emirates, New Zealand, Egypt and Saudi Arabia, including some countries will be announced for some countries.
The new customs tariffs implemented by the Trump administration are expected to weaken the competitiveness of many countries, especially the Chinese and European Union countries, to weaken the competitiveness in the US market and create an important opportunity for Türkiye.
“The US sees mutual customs duties as a force for ‘negotiations'”
Istanbul Chamber of Commerce (ITO) President Şekib Avdagiç, AA correspondent in his assessment, the world economic order after a long break again to protectionism, high customs walls returned to the walls, more popularly redesigned and the customs walls have risen, he said.
Avdagiç stated that the US saw mutual customs duties as a force for “negotiations”, “Turkey has not been included in heavy Trump taxes with 10 percent basic tariffs applied to only 11 countries. In order to understand how the US and the United States and the United States should watch the negotiations of the United States and the United States.” he said.
Pointing out that the US is the second most exported country in Türkiye in 2024, Avdagic said, “We sold $ 16.4 billion to the US. he said.
Avdagiç pointed out that the Turkish business world is in the 10 percent tariff group in the country, “For this, our business world needs to analyze Trump’s customs duties before it is late and determine the product and competition strategies accordingly. In summary, our business world Trump taxes should turn into a positive decomposition of Türkiye.” He made his statement.
“European and Far Eastern companies may consider coming to Türkiye for investment”
The tariff rate is higher than Türkiye, European and Far Eastern companies may intend to come to Türkiye for investment, noting that Sekib Avdagiç said that due to additional customs duties, the United States may prefer to buy goods from Türkiye and this may increase direct investments from many countries, especially in Europe and China for production in Türkiye.
Avdagiç pointed out that foreign direct capital investments may be an important opportunity for re -positioning in Türkiye. He said.
Avdagiç pointed out that US President Trump uses customs duties as a means of changing the situation, “For example, in 2018, the customs doubling customs duties against Türkiye in steel and aluminum still remains fresh in our minds. This shows that we should not leave cautious optimism.” he said.
Avdagiç stated that trade wars will have consequences on the policies of the countries and said:
“The US’s 10 percent advantageous customs duty tranquid can also enable Türkiye to expand its regional power status. In addition to 10 percent Trump tax, the restart of Turkey-EU High-Level Economic Dialogue after 6 years will put Türkiye in a new and effective place in the world economic and political system.”
“We must prepare for competition conditions, by working very well in our course”
Istanbul Chamber of Industry (ISO) President Erdal Bahçıvan Donald Trump on January 20 with the US presidential seat signed almost every decree signed by the world continued to shake both political and economic balances in the world, he noted.
“The new tax tariffs for the countries he signed last should be read from a world where globalization has been the main driving force for a while, as the most obvious indicator of protection and trade wars.” he said.
Pointing out that this process is progressing in an unpredictable, fast and quite shocking way, Bahçıvan said, “It is also very closely related to our country. Therefore, we should look at these new developments from a very strategic perspective. Especially in the framework of new tariffs that disrupt the memorization of the world, we should prepare for the new competition conditions, because we should work very well.” evaluated.
“We see that the US is in a relatively more positive approach to Türkiye.”
Erdal Bahçıvan stated that when the US looked at new customs tariffs, especially in industrial countries, it was a relatively more positive approach to Türkiye.
In spite of the taxes of 25 percent from China to Japan, from the EU to South Korea, the 10 percent tax on Türkiye will improve the competition conditions of Türkiye both in investment and foreign trade, “Bahçıvan said,” In the coming period, the economy and industry will be able to provide the opportunities for the economy and the new process. ” he said.
Bahçıvan, sectoral opportunities can be put forward with a strategic work should be progressed by expressing, “In addition, our competition course very well by working very well with this historical opportunity with smart moves to enter a period we need to evaluate. But we need to work.” He made his statement.
“In particular, exporters should increase the number of fairs and organizations to be held in this region”
Anatolian Lions Businessmen Association (ASKON) Chairman Orhan Aydin increased Türkiye’s competitiveness, the new conditions for Türkiye can be evaluated correctly in a positive sense of new areas, he said.
Aydın, the high purchase power in the United States is very high, almost every country is an economic appetite, saying, “Therefore, it wants to be all countries in this market. As Turkey, we must undoubtedly be in this market.” he said.
Expressing that the additional tax of 10 percent brought to Türkiye brings Türkiye to more competitive position when we look at the other rates, “We can take advantage of this new area in terms of our country’s economy. We can go to an advantageous situation. In order to increase sales to America, all non -governmental organizations of the business world should pass the number of export and organizations in this region. evaluated.
Aydin, Turkish brands will increase their stores in this region is an advantage, “with the current advantage, many of our brands, especially in tourist intensive American cities will increase their stores. Again as an advantageous area in the US market, the high -production power of the high -production power in the search for the new market in Türkiye is increasing.” he said.
“Türkiye may stand out as an alternative supplier”
Turkish Young Business People Association (TÜGİAD) President Gürkan Yıldırım said that after US President Donald Trump announced the tax rates to be applied to imports, the world markets began to fluctuate.
Yildirim, in terms of export, the US to apply to China and the EU high taxes can reduce the imports made from these regions, “This situation, Türkiye will create the potential to increase exports to the US market in some sectors. Especially, Turkey can come to the fore for the sectors that provide supply from these regions.” He made his statement.
In terms of investment in terms of investment, the high taxes brought to China, EU and Far Eastern countries may cause some companies in these regions to shift their production to other countries. he said.
Yildirim, Türkiye’s negotiations with the United States may reduce the impact of the tax decision, “agreements between the two countries, the trade balance can reorganize. Trump’s taxes to the countries where the taxes to the bargaining door open to the felt.” determined.
