Sunday, August 17, 2025

US Tariffs on Turkey 8-17-25

US Tariffs on Turkish Imports in 2025 

As of August 7, 2025, the United States has imposed a reciprocal tariff of 15% on imports from Turkey. This represents an increase from the previously proposed 10% tariff but is considered a favorable rate compared to some other countries, according to the Turkish Ministry of Trade. 

In addition to the reciprocal tariff, specific tariffs on certain products are still in effect:

·       Steel imports from Turkey face a 25% "Section 232" national security-based tariff, according to Congress.gov.

·       Turkish retaliatory tariffs on US imports, ranging from 4% to 70%, remain in place as well.

·       The International Trade Administration notes that alcoholic beverages from the US face an additional 70% tariff in Turkey. 

It's important to note

·       This information reflects the most recent publicly available data. Trade policies can be subject to change based on ongoing negotiations and evolving economic conditions.

·       Turkey is challenging the US Section 232 tariffs at the WTO, and the US is challenging Turkey's retaliatory tariffs.

·       The Turkish Ministry of Trade sees Turkey's tariff rate as a positive reflection of its trade relationship with the US, viewing it as a balanced and positive trading partner. 

In August 2025, the US implemented a system of reciprocal tariffs on imports from many trading partners, including Turkey. 

·       As of August 7, 2025, the US imposed a 15% tariff on goods imported from Turkey.

·       Turkey was among the countries facing the lower end of these newly implemented tariffs, which range from 10% to 41% depending on the trading partner.

·       This measure was implemented following an Executive Order on July 31, 2025, titled "Further Modifying the Reciprocal Tariff Rates", according to the White House.

·       It's worth noting that the US still maintains a 25% tariff on steel imports from Turkey, a measure based on Section 232 national security concerns, according to Congress.gov. 

https://www.google.com/search?q=us+tariffs+on+turkey+imports+2025

As of 2025, Turkey's primary sources of oil and natural gas imports include:

Natural gas imports

·       Russia: Remains the largest supplier of natural gas to Turkey.

·       Azerbaijan: Supplies pipeline gas and has seen increased contracts.

·       Iran: Provides pipeline gas.

·       Algeria: A significant source of LNG (Liquefied Natural Gas) for Turkey.

·       United States: A growing supplier of LNG to Turkey.

·       Turkmenistan: Turkey has recently started importing natural gas from Turkmenistan via a swap agreement with Iran. 

Oil imports

·       Russia: A major source of crude oil and refined petroleum products like diesel.

·       Iraq: Supplies crude oil to Turkey, and an agreement to resume oil exports through a pipeline to Turkey was reached in August 2025.

·       Saudi Arabia: A key supplier of crude oil.

·       Kazakhstan: Increased oil exports via the BTC pipeline to Turkey in the first half of 2025. 

In addition to these major players, Turkey also diversifies its natural gas imports with LNG from countries like Qatar and Egypt, and imports smaller quantities of oil from other producers as needed. 

Note: Turkey is actively diversifying its energy sources and reducing reliance on certain countries, as evidenced by increasing LNG imports and new agreements with Turkmenistan. 

https://www.google.com/search?q=list+countries+importing+oil+and+natural+gas+to+turkey+2025

Comments

Turkey is a Muslim Country that has traded with Europe, Russia, Africa and Middle East Countries for decades. The population of Turkey in 2025 is estimated to be around 87.6 million. Turkey's nominal GDP in 2025 is projected to be $1.437 trillion. In 2025, Turkey's nominal GDP per capita is projected to be $16,709.

Norb Leahy, Dunwoody GA Tea Party Leader

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