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Turkey

US Revised Tariffs (%)

15

Ease of doing business

theboardiQ Tariffs Dashboard:

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Revised Tariff %
Original Tariff %
Country Tariff Rate %
Share of US Imports % (1 implies <1%)
15
10
4.3
1
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
15.29
16.75
-1.45

Implications

Here is an update on the US tariffs, trade deals, and the impact on Turkey as of October 2025:

The recent trade environment between the US and Turkey is marked by high US tariff rates on key Turkish exports, although Turkey has recently removed its own retaliatory duties.

Area

Status (October 2025)

Key Details

US Steel & Aluminum Tariffs

50% (Implemented globally)

Turkish steel and aluminum are subject to the global 50% tariff imposed under Section 232, which significantly impacts the competitiveness of Turkish steelmaking in the US market.

Reciprocal US Tariffs

15% (Implemented)

Under the new "reciprocal tariff" regime (IEEPA), Turkish goods are subject to a 15% tariff rate, which is higher than the universal 10% baseline but lower than the rates applied to some other trade partners.

Turkish Retaliatory Tariffs

Revoked/Canceled

In September 2025, ahead of a meeting between the Presidents, Turkey revoked its retaliatory tariffs on several U.S. products (including distilled spirits, passenger cars, and fruit) that were originally imposed in 2018.

Trade Deals/Agreements

None (Focus on negotiations)

No comprehensive new trade agreement has been reached. The revocation of Turkish retaliatory tariffs was reportedly a gesture to facilitate progress in bilateral trade negotiations, which aim to reach a $100 billion annual trade volume.

Other Tariffs (Wood Products)

New Tariffs (Effective Oct 14, 2025)

New Section 232 tariffs (e.g., 25% on upholstered furniture) are being implemented for wood products, which will also affect imports from Turkey.



Impact on US Companies


The primary impact on US companies is not from a unique Turkey tariff but from the broader application of high Section 232 (metals) and reciprocal (all goods) tariffs. Turkish trade largely impacts the following US sectors:

US Sector

Impact/Rationale

Construction & Manufacturing

Companies relying on Turkish steel and aluminum as inputs face a major cost increase due to the 50% Section 232 tariff, which is passed down through the supply chain.

Retail & Home Goods

Retailers and furniture companies are exposed to the 15% reciprocal tariff on all goods, plus the new Section 232 tariffs on categories like upholstered furniture and cabinets.

Textile & Apparel

Turkish textiles and apparel are subject to the 15% reciprocal tariff, which compresses profit margins for US brands that source from Turkey.

Alcohol & Spirits

US exporters (distillers) benefit from Turkey's recent cancellation of its 2018 retaliatory tariffs, which had previously acted as a financial barrier to selling US spirits in the Turkish market.


Overall, while the US-Turkey relationship is less contentious than the current US-China situation, the high US tariffs on Turkish metals and the new baseline duty continue to pose a significant cost burden for U.S. importers.

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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