Trade Agreement Us Turkey

Although overall trade between the United States and Turkey increased from $10.8 billion in 2009 to $20.7 billion $US in 2019, it remains modest relative to its potential. In 2019, President Trump and President Erdogan agreed to work towards increasing annual bilateral trade to $100 billion annually. Ankara had hoped, however, that Washington would not make the decision and said it was going against the $75 billion target set by President Donald Trump and Turkish President Tayyip Erdogan for mutual trade. “Although this has not been the case in the past, Turkey and the United States could increase their trade volumes. The differences of opinion between the U.S. and China could create a good opportunity for Turkey to realize this,” Vergil said. . . .

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