Trump hints at tariffs on car imports: Points to April

President Donald Trump of the United States has stated that tariffs on car imports could be imposed on April 2. Trump also instructed for a comprehensive study to be conducted on customs duties. The work is planned to be completed by April 1. President Trump made remarks in the Oval Office after signing an executive […]

New York Stock Exchange Closed With Mixed Performance

The New York Stock Exchange completed the last trading day of the week with a mixed performance. The Dow Jones index slipped to 44,546.08 points, while the S&P 500 closed at 6,114.63 points, and the Nasdaq index rose to 20,026.77 points. The Dow Jones index declined by 0.37% to 44,546.08 points at the close, while […]

Trump Utilizes US Trade Leverage to Benefit American Workers

Recent imposition of tariffs on goods from Mexico, Canada, and Colombia are not considered trade wars, but rather a reaction to various political concerns such as illegal immigration, Fentanyl, cartels, and crime. The Trump administration is demonstrating its commitment to using trade as a tool to support domestic policy objectives. This strategy has proven effective […]

Trump’s Trade Disruptions Unfolding Gradually

Since taking office, Donald Trump has been pushing the boundaries of U.S. presidential powers more than his predecessors, reflecting a significant shift. Central to his actions on the economic front are the tariffs imposed on Mexico, Canada, and China, causing uncertainty about his actual intentions. Initially threatening Mexico and Canada with 25 percent tariffs, Trump […]

Eyes on the Meeting: How Much Will Retirement (SSK, Bağ-Kur) Holiday Bonuses Increase in 2025? By What Percentage Will Retirement Bonuses Increase?

The attention is now focused on the work to be done for the payment of retirement holiday bonuses. Minister of Labor and Social Security, Vedat Işıkhan, announced that the work will be carried out, and the meeting schedule has been determined. Last year, approximately 16 million retirees benefited from holiday bonuses, which increased to 3,000 […]

Will Family Support Payments Be Made in February? Has the Family Support Program Been Extended Until 2025?

Temporary family support payments provided to needy families by the Ministry of Family and Social Services were last extended until December 2024. The assistance given to families varies between 850 and 1,250 Turkish liras depending on the income level, with all eyes now turning towards the February payments. As the new year brought increases in […]

ABB-EU trade war: EU warns of retaliation against the US

The President of the European Commission, Ursula von der Leyen, warned that the EU would retaliate if the US imposes tariffs on the EU. Von der Leyen stated, “Let me be clear, we are one of the world’s largest markets. We will use all the necessary tools to protect our economic security and interests.” She […]

Winning the Trade War Game: Strategies to Succeed against Mexico and Canada 

The recent announcement from the White House on February 1 stated that President Trump would be enacting new tariffs of 25 percent on imports from Canada and Mexico, as well as an additional 10 percent tariff on imports from China. This decision faced criticism, highlighted in a letter to Trump signed by more than 1,000 […]