Philenews

Trump Tariffs: Turkey Concerned About Trade with Iran and New Sanctions

Published January 14, 2026, 10:20
Trump Tariffs: Turkey Concerned About Trade with Iran and New Sanctions

Turkey is expressing concern over Donald Trump's announcements regarding the imposition of new 25% tariffs on countries that maintain trade relations with Iran. Ankara fears this will negatively impact Turkish-Iranian economic relations, as Turkey is one of Iran's top five trading partners. This concern stems from a recent phone call between the Foreign Ministers of Turkey and Iran. Furthermore, Turkey is worried about the situation in Iran, with thousands of deaths from protests and the potential risk of a refugee wave. The imposition of tariffs could worsen the economic situation in Iran, potentially intensifying social unrest and increasing pressure on Turkey. Turkey already has a 15% tariff on its exports to the US, and it is unclear whether the new tariff will be additional or replace the existing one. Turkey maintains close trade ties with both the US and Iran, making it particularly vulnerable to these developments. An increase in tariffs on Turkish products exported to the US could create significant problems for the Turkish economy. Ankara is awaiting clarification from Washington regarding the precise details of the new tariffs and their potential impact.