Story perspectives
Trump's Tariffs Threaten $1.2B Turkish Auto Exports
2/23/2025
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Story summary
- President Trump's proposed tariffs on auto imports could harm Turkish auto exports, valued at $1.2 billion in 2024.
- The U.S. ranks as Türkiye’s ninth-largest automotive export market, focusing on auto parts and vehicles.
- Initial tariffs will likely target passenger cars and commercial vehicles, impacting the wider automotive sector.
- Despite global trade tensions, Türkiye's automotive exports are projected to surpass $37 billion in 2024.
