Weakening Turkish lira and tariffs from US to have limited impact on global shipping demand

Capt. John

The ongoing weakness in Turkish economy and corresponding depreciation in Lira is making the country’s imports expensive. From the beginning of the second quarter, the Lira has depreciated by more than 50% against the US dollar and in addition, Turkey is also facing a trade tussle with the US. So...

https://www.hellenicshippingnews.com/weakening-turkish-lira-and-tariffs-from-us-to-have-limited-impact-on-global-shipping-demand/

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