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Türkiye and the United States held the third round of bilateral trade negotiations in Washington on May 22, signaling a continued commitment to deepening economic ties toward the $100 billion trade target despite the changing landscape of global trade.
According to the Turkish Trade Ministry's statement, the meeting, led by Deputy Minister Mustafa Tuzcu on the Turkish side, followed up on priorities agreed upon during an April video conference between Turkish Trade Minister Omer Bolat and U.S. officials, including Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.
At the center of the talks were the implications of the United States' recent reciprocal trade policies and the potential steps both nations could take to further advance their bilateral trade.
The parties focused on maintaining the momentum built over the past decade and reaffirmed their shared ambition to reach a $100 billion trade volume.
Türkiye is among the least-affected countries by the U.S. reciprocal tariffs announced in April, as only a baseline rate of 10% will be applied to Turkish goods.
Discussions also addressed how to ensure uninterrupted market access for firms from both countries and encourage new investments to support long-term economic engagement.
The technical delegations reviewed potential policy proposals aimed at streamlining trade procedures and enhancing the overall business environment.
Both sides explored additional actions to facilitate trade and evaluated practical suggestions to make market entry smoother for exporters and investors.
The Turkish Trade Ministry highlighted that nearly all sectors offer mutual opportunities for trade and investment.
It was noted that both delegations acknowledged substantial untapped potential in areas such as advanced manufacturing, innovation, artificial intelligence, and cybersecurity. The discussions reinforced the view that the two countries could benefit significantly from deeper cooperation in these fast-evolving domains.
Besides digital technologies, the defense and energy sectors were identified as critical industries where bilateral cooperation has gained speed.
Both parties underlined the importance of leveraging the strong collaboration potential in these fields while ensuring resilience against policy shifts or regulatory disruptions.
Officials emphasized that promoting diversified and balanced trade, as well as stimulating mutual investments, will be among the central priorities moving forward.
The visit concluded with a reaffirmation of Türkiye’s intention to maintain active dialogue with the United States.
Authorities stated that Turkish firms will continue to explore opportunities to improve their entry conditions into the U.S. market.
The two governments committed to working constructively and urgently on comprehensive trade and economic measures that can yield tangible results across various sectors.
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