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It has been claimed that the elected president Donald Trump, who will officially take office on January 20 in the USA, has made a critical change in his plans.
SCOPE IS NARROWING
According to a report in The Washington Post, based in the USA, Trump, who promised a customs duty of 10 to 20 percent on all products to be imported during the election process, has changed this plan. The report, published by Jeff Stein and based on three sources close to Trump, suggested that Trump's advisors are working on a tariff that targets only specific sectors rather than every product. Allegedly, this plan will still apply to all countries.
TO BE APPLIED IN DEFENSE INDUSTRY AND ENERGY SECTOR
It was emphasized that this change is significant compared to Trump's promises during the election period, but it still continues to have the potential to disrupt global trade. The report listed potential sectors for customs tariffs as defense industry, energy sector, and critical medical supplies, along with iron, steel, copper, aluminum, needles, syringes, pharmaceutical materials, bottles, rare earth minerals, solar panels, and batteries.
THE BIGGEST UNCERTAINTY OF 2025
The changes Trump plans to make in customs duties are described as the biggest uncertainty for both the US economy and the global economy in 2025. The report noted that plans are frequently changing, the final decision regarding tariffs has not yet been made, and the sectoral tariff plan could be a starting point for broader tariffs.
TURKEY IS ALSO WAITING FOR THE DECISION
On the other hand, Trump's customs tariff plan is of great interest to Turkey, as it is to all countries in the world. In 2024, the imports made by the USA through Turkey increased by 10%, rising to 13.4 billion dollars. Among the countries to which Turkey exports the most, the USA ranks second immediately after Germany.
WHAT HAPPENED?
Donald Trump, elected as the 47th President of the USA, had promised a customs duty of 10 to 20 percent on all products to be imported from abroad during the campaign process. Trump's promise, which covers all products and all countries, has been the focus of criticism not only from economists due to the potential for price shocks but also within the Republican Party.
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