Recep Tayyip Erdogan says Türkiye is well-positioned to withstand US tariffs and emerge stronger economically, thanks to a disciplined economic program and low exposure.
President Recep Tayyip Erdogan stated on Wednesday that Türkiye is not expecting any serious negative effects on its trade, production, or exports following the implementation of US President Donald Trump’s new tariffs.
Speaking to lawmakers from the ruling AK Party, Erdogan highlighted that Türkiye is among the countries that received the lowest reciprocal tariff rate of 10 percent. He added that Türkiye may actually benefit from the global tariff changes, as other countries face much higher rates.
“There is serious uncertainty in the world, but there is a strong economic program that illuminates Türkiye’s path,” Erdogan said. He emphasized that Türkiye's economy is resilient to external shocks and is expected to grow more strongly than many peer countries in the medium to long term.
Erdogan also noted that the country’s disinflation process is continuing, and the government's spending discipline and savings measures will carry on this year.
Although Türkiye’s iron, steel, and aluminum exports were affected by earlier US tariffs, it could now gain an advantage as other global traders deal with stricter levies.
Iranian activist and Nobel Peace Prize winner Narges Mohammadi was sentenced to a new prison term of 7-1/2 years, a group supporting her said on Sunda...
Antonio Jose Seguro secured a landslide win in Portugal’s presidential runoff, defeating far-right rival Andre Ventura and becoming the country’s ...
Hong Kong’s most prominent media tycoon Jimmy Lai was sentenced on Monday (9 February) to a total of 20 years in prison on national security charges...
U.S. Vice President JD Vance will be joined by Under Secretary for Economic Affairs Jacob Helberg during a trip to Armenia and Azerbaijan from 9-10 Fe...
Two adjoining residential buildings collapsed in Tripoli’s Bab al-Tabbaneh neighbourhood on Sunday, with the death toll rising to nine as search ope...
U.S. Vice President JD Vance will be joined by Under Secretary for Economic Affairs Jacob Helberg during a trip to Armenia and Azerbaijan from 9-10 February, underscoring Washington’s push on peace and economic connectivity in the South Caucasus.
Hamas has strongly condemned new Israeli government decisions to expand settlements in the occupied West Bank, warning the measures pose an “existential threat” to Palestinians and are designed to consolidate Israeli control over the territory.
India’s trade minister said diversifying energy imports and expanding purchases of advanced technology from the United States would serve New Delhi’s strategic interests, as the two countries move closer to finalising a long-awaited trade agreement.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
Iran would retaliate by striking U.S. military bases across the Middle East if it comes under attack by American forces, Foreign Minister Abbas Araghchi said on Saturday (7 January), stressing that such action should not be seen as targeting the countries hosting those bases.
Several avalanches struck northern Italy on Saturday, killing at least three people, as rescue officials warned the death toll could rise with unstable conditions persisting across the Alps.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
A Japanese city near Mount Fuji has cancelled its annual cherry blossom festival, saying growing numbers of badly behaved tourists are disrupting daily life for residents.
Hong Kong’s most prominent media tycoon Jimmy Lai was sentenced on Monday (9 February) to a total of 20 years in prison on national security charges. The verdict covers two counts of conspiracy to collude with foreign forces and one count related to publishing seditious materials.
Double world champion Max Langenhan delivered a dominant performance to win men’s luge singles gold on Sunday (8 February), breaking the track record four consecutive times as Germany extended its grip on the sport, now winning four of the past five Olympic titles.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
India’s trade minister said diversifying energy imports and expanding purchases of advanced technology from the United States would serve New Delhi’s strategic interests, as the two countries move closer to finalising a long-awaited trade agreement.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
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