TURKISH AIRLINES REANNOUNCES MAJOR BOEING DEAL
Turkish Airlines has agreed to buy up to 150 Boeing passenger jets in a landmark order made during Erdoğan’s trip to the United States.
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AUTO MARKET SHRINKS, YEAR-END CONTRACTION MAY HIT 20%
The passenger car and light commercial vehicle market shrank by 10.72% in the first seven months of 2026.
HIGH-STAKES DIPLOMACY: ERDOĞAN’S WHITE HOUSE VISIT AND ITS STRATEGIC COSTS
There is a way of establishing a working relationship with U.S. President Donald Trump. First you have to make sure you see him as a smart, respectable world leader. That’s the easy part. Then you have to lure him with trade deals, making sure he is the winning side. Therefore, it comes as no surprise when Turkey unilaterally dropped its retaliatory tariffs on U.S. products on Sept. 22, a few days before the scheduled meeting between President Recep Tayyip Erdoğan and U.S. President Donald Trump at the White House. Buzzwords are important for Trump, and tariff is one of them. The tariffs, which covered products including passenger cars, fruit, rice, tobacco, alcoholic beverages, solid fuels, and chemical products, were introduced in 2018 in response to U.S. tariffs on steel and aluminum imports enacted during Trump's first term in office.
DOZENS OF TURKISH NATIONALS DETAINED IN ISRAEL RAID ON SUMUD FLOTILLA
At least 27 Turkish nationals were detained when Israeli naval forces intercepted the Global Sumud Flotilla late Oct. 1 as it neared Gaza. The flotilla, composed of over 40 vessels and around 500 passengers, aimed to deliver humanitarian aid.
ADDITIONAL TARIFFS ON U.S.-MADE PRODUCTS REMOVED
President Recep Tayyip Erdoğan removed additional tariffs on certain U.S.-made products, including automobiles, ahead of his meeting with U.S. President Donald Trump. The Presidential Decree was published in the Official Gazette, saying that no additional taxes will be imposed on imports of U.S.-origin products such as passenger cars, cosmetics and skin care products, leaf tobacco, and alcoholic beverages.