A possible US-Turkey free trade deal could limit China's economic expansion across Africa and other places, experts say
Recently, high US taxation on Turkish steel and other goods due to political disputes, negatively affects the trade volume of both countries.
“Both US and Turkish presidents have intentions to increase the trade volume. But when it comes to practical realities, bureaucratic structures in both countries appear to be more preventive [than being constructive],” the professor opines. In the same speech, Graham has cited both issues as certain obstacles to realise a free trade agreement. "The way we do that is to work through our differences. It can’t be through the use of military force," the Senator said.
The trade war between the world's two largest economies - China and the US - has rattled global financial markets “Their call to Turkey means they could not find a country to offset China’s domination in several sectors. This is a serious problem for the US. But it will be a different story for Turkey. Our possible replacement with China will be beneficial for us across the board,” the professor said. "Once you begin to economically integrate the two economies, then we’ll be more effective partners in Africa.
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