ASELSAN has signed a contract with a customer in the Middle East and Africa region for the direct sale of military communication systems. The announcement of the new business relationship was made by ASELSAN on the Public Disclosure Platform (KAP). In the statement, it was mentioned that “ASELSAN has signed an export contract with a […]
The trade war ignited by US President Donald Trump’s announcement of additional customs duties for 185 countries is intensifying. As mutual retaliation decisions increase uncertainty in world trade; Trade Minister Ömer Bolat stated that Turkey is prepared for the developments. Trade Minister Ömer Bolat stated that Turkey is prepared for the trade wars arising from […]
Europe has officially taken the first step in response to the US customs duties. EU countries have approved the imposition of tariffs on US goods worth 21 billion euros. The European Union (EU) has approved the first retaliatory measure package against US President Donald Trump’s additional customs duties. The EU agreed to impose customs duties […]
The atmosphere in the United States is souring, and this isn’t solely due to the fact that the stock market has seen over $11 trillion vanish since Donald Trump took office. Even supporters like hedge fund manager Bill Ackman now seem afraid of the unpredictable chaos they’ve set in motion. Once a staunch Trump supporter, […]
Republicans want you to think they are dedicated to reducing the deficit. In reality, they are not. Whenever someone raises concerns about the Department of Government Efficiency’s ineffective dismissals of government workers, the standard response from congressional Republicans is to shift the focus to deficit pressure – this is a common tactic they all use. […]
Europe is taking its first step today against the customs duties imposed by the US. The EU is preparing to apply additional taxes to many products such as steel, automobiles, fruits, and clothing. The European Union (EU) is set to approve its first retaliatory measures against the additional customs duties imposed by US President Donald […]
The reciprocal tariffs imposed by US President Donald Trump took effect. The US raised customs duties on China to 104%. In return, China promptly increased tariffs to 84%. The escalating tension in trade supported a negative atmosphere in global markets. Stocks continued to see selling pressure, while gold saw a sharp rise. Meanwhile, oil continued […]
BIST 100 index in Borsa Istanbul decreased by 0.71% to 9,409 points in the first half of the day. Moving in a downward trend in the first half of the day, the BIST 100 index fell to 9,409 points with a decrease of 67.67 points and 0.71% by 13:00. The total trading volume was 35.4 […]
Trade war could drive up phone prices worldwide. The cost of iPhones sold in the U.S. is set to rise by 43%. This is due to Apple manufacturing their phones in China. Samsung, with production in Vietnam, will also be hit by the tariffs. The trade war will negatively impact the world’s largest smartphone manufacturers. […]
Beijing responded to the increase of US tariffs on Chinese goods to 104% by implementing a similar measure. As President Donald Trump’s new tariff takes effect today, the Chinese Ministry of Finance issued a statement regarding the matter. The Ministry announced an additional tariff of 84% would be imposed on US goods. This rate was […]
