💨 Abstract

Turkey anticipates reduced tariffs on steel and textile exports from the U.S. under Donald Trump's administration, according to Trade Minister Omer Bolat. The lira and Turkish assets are rallying on expectations of new U.S. trade and foreign policies. Trump's promises on immigration and trade could potentially leave Turkey unscathed among large emerging market economies. The country's defense and financial sectors could also benefit.

Courtesy: theprint.in

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