News Turkey Economy: Turkey sees opportunity as Trump's tariffs upset the global economic order
As the dust settled on President Donald Trump’s tariffs, business figures and economists in Turkey have begun to glimpse a silver lining to the economic storm clouds. Turkey was hit with a baseline 10% tariff in Trump’s announcement last week, compared with higher tariffs for many other countries, raising the prospect that the world’s 17th largest economy could leverage an advantage from the tariff regime. Finance Minister Mehmet Simsek said Monday that the country’s focus on domestic demand rather than exports would mean a more limited impact on the economy.
News Turkey Economy: Turkey's economic confidence rises to 39-month high
Turkey's economic confidence rose further in September to its highest level in more than three years, survey results from the Turkish Statistical Institute in Ankara, the country's statistics agency, showed on Tuesday. The economic sentiment index rose to 101.
News Turkey Economy: Turkey's Economic Woes Are Hurting Erdogan - Polls
More Turks now believe an opposition alliance is better suited than President Tayyip Erdogan and his ruling AK Party (AKP) to end the economic turmoil that has engulfed their country, according to a ...