Turkey is placed in the lowest tier for additional import taxes that the United States will implement. A 10% extra tax will be imposed on imports from Turkey. Mustafa Gültepe, President of the Turkey Exporters Assembly, stated that this development would create an advantage.

The USA has imposed additional customs duties on 185 countries, including Turkey. Turkey is in the lowest tier on the tax list with 10%. Speaking on a live broadcast on NTV, Mustafa Gültepe, President of the Turkey Exporters Assembly (TİM), mentioned that this development could bring an advantage. Gültepe used the words, “Looking from Turkey’s perspective, a 10% tax has been imposed on all countries in the world. Turkey is within the 10%. When compared with other countries, it seems pleasing for our country at the moment.” He also stated that sectoral studies are ongoing, and added, “Our trade volume with America is not very high compared to other applications. We are not a country that has a significant current account deficit. It has a total volume of about 29 billion.” Pointing out their intentions to increase trade with America through joint committees, Gültepe noted that Turkey seemed advantageous. Gültepe said, “If this advantage further improves our competitiveness, I believe that the trade volume between the two countries will reach $100 billion in a very short period.” Emphasizing that the average tax rate is 25%, the President of TİM mentioned, “Turkey seems to be in an advantageous position. If there are improvements in competitiveness, in terms of exports, America could be the target after the European Union. There seems to be mutual growth potential.”