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US, Turkiye conclude 3rd round of talks to discuss tariffs, trade ties
US, Turkiye conclude 3rd round of talks to discuss tariffs, trade ties

Fibre2Fashion

time27-05-2025

  • Business
  • Fibre2Fashion

US, Turkiye conclude 3rd round of talks to discuss tariffs, trade ties

A Turkish trade delegation visited the United States recently to discuss bilateral trade ties, particularly global repercussions of reciprocal US trade policies, the former's trade ministry announced. The delegation, led by deputy trade minister Mustafa Tuzcu, met US deputy trade representative Bryant Trick. A Turkish trade delegation visited the US recently to discuss trade ties, particularly global repercussions of reciprocal US trade policies, the former's trade ministry announced. Both sides discussed additional steps that can be taken to continue the momentum achieved in the last decade to achieve the $100-billion bilateral trade volume target. They took note of emerging areas of cooperation as well. Both sides discussed additional steps that can be taken to continue the momentum achieved in the last decade to achieve the $100-billion bilateral trade volume target, the ministry also said. Bilateral trade volume was around $32 billion in 2024. Both sides noted emerging areas of cooperation like new technologies, innovation, manufacturing, artificial intelligence, cybersecurity, defense and energy, according to Turkish media reports. The May 22 visit followed trade minister Omer Bolat's online meeting in April with US secretary of commerce Howard Lutnick and US trade representative Jamieson Greer. This was the third round of talks. Turkiye faces 10-per cent US reciprocal tariffs. Fibre2Fashion News Desk (DS)

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