9,914.68 TRY BIST 100 BIST 100
36.17 USD USD USD
5.00 CNY CNY CNY
37.87 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.42 TRY Interest Interest
75.16 USD Fossil Oil Fossil Oil
32.84 USD Silver Silver
4.80 USD Copper Copper
106.26 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,930.99 TRY Gold (gr) Gold (gr)
9,914.68 TRY BIST 100 BIST 100
36.17 USD USD USD
5.00 CNY CNY CNY
37.87 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.42 TRY Interest Interest
75.16 USD Fossil Oil Fossil Oil
32.84 USD Silver Silver
4.80 USD Copper Copper
106.26 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,930.99 TRY Gold (gr) Gold (gr)
9,914.68 TRY BIST 100 BIST 100
36.17 USD USD USD
5.00 CNY CNY CNY
37.87 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.42 TRY Interest Interest
75.16 USD Fossil Oil Fossil Oil
32.84 USD Silver Silver
4.80 USD Copper Copper
106.26 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,930.99 TRY Gold (gr) Gold (gr)

Trump plans new tariffs on steel and semiconductors

US President Donald Trump announced plans to impose comprehensive tariffs on many products, including steel, aluminium, copper, computer chips, semiconductors and pharmaceuticals. Trump stated that this move aims to increase production in the US and strengthen the economy.

Trump plans new tariffs on steel and semiconductors

Speaking at the Congressional Republican Party event in Miami, Trump said, ‘It's time for the United States to return to the system that has made us richer and stronger than ever.’ Trump, who similarised his approach to the strict tariffs imposed by former President William McKinley in the 1890s, announced that his administration would impose additional taxes on chip, semiconductor and pharmaceutical imports ‘in the very near future’.

Criticism of Taiwan

Trump argued that despite efforts to encourage chip production in the US, most of the production in the sector has shifted to Taiwan. ‘They left us and about 98 % of the chip industry went to Taiwan. We want them to come back, but we don't want to give billions of dollars like Biden did,’ Trump said.

Trump criticised the USD 53 billion in subsidies provided to US manufacturing companies under the CHIPS and Science Act signed by ex-President Joe Biden in 2022.

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