{"id":60549,"date":"2024-11-12T14:53:23","date_gmt":"2024-11-12T11:53:23","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=60549"},"modified":"2024-12-06T15:22:54","modified_gmt":"2024-12-06T12:22:54","slug":"us-presidential-election-results-bring-hope-to-turkish-exporters","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/us-presidential-election-results-bring-hope-to-turkish-exporters\/","title":{"rendered":"US presidential election results bring hope to Turkish exporters"},"content":{"rendered":"\n<p>The US election results, which T\u00fcrkiye and the entire world are following closely, pleased exporters. In the US presidential elections held on November 5, Republican Party candidate Donald Trump was elected for a second time and became the 47th president of the US, while the Republicans took the majority in the Senate and House of Representatives. Representatives of the business and finance world who attended the \u201cT\u00fcrkiye Export Mobilization Program\u201d event hosted by Turkuvaz Media Group stated that they were hopeful about the US election results and announced that they saw the issue of compliance with the Green Deal as the most important agenda item for the coming year. New year expectations were discussed in the \u201cExport 2025 Expectations\u201d panel held with the participation of Turkish Exporters Assembly (T\u0130M) Deputy Chairman and Istanbul Ferrous and Non-Ferrous Metals Exporters\u2019 Association (IDDMIB) Chairman \u00c7etin Tecdelio\u011flu, Uluda\u011f Automotive Industry Exporters\u2019 Association Chairman Baran \u00c7elik, and Istanbul Textile and Raw Materials Exporters Association (\u0130TH\u0130B) Chairman Ahmet \u00d6ks\u00fcz.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-us-election-results-are-promising-for-increasing-our-market-share\"><strong>\u201cThe US election results are promising for increasing our market share\u201d<\/strong><\/h2>\n\n\n\n<p>Ahmet \u00d6ks\u00fcz evaluated the US election results as promising for increasing their market share: \u201cWe increase our <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">market<\/a> share in America every year. We increased our market share in the textile sector from 1.9 to 2.8 this year. This is quite promising. We want to increase it even more. I think this will start again in this new period,\u201d he said. \u00d6ks\u00fcz added that they already have a market of around fifty percent in Europe, saying; \u201cWe need to protect it. But we also need to develop new markets on top of that.\u201d\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye.jpg\" alt=\"Representatives of the business and finance world who attended the \u201cT\u00fcrkiye Export Mobilization Program\u201d event stated that they were hopeful about the US election results  Image Source: Turkuvaz Medya\" class=\"wp-image-60547\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye.jpg 1920w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-768x432.jpg 768w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-1536x864.jpg 1536w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-300x169.jpg 300w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-600x338.jpg 600w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-696x392.jpg 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/2-abd-secimleri-turkiye-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><figcaption class=\"wp-element-caption\">Representatives of the business and finance world who attended the \u201cT\u00fcrkiye Export Mobilization Program\u201d event stated that they were hopeful about the US election results  Image Source: Turkuvaz Medya<\/figcaption><\/figure>\n<\/div>\n\n\n<p>He noted that the downward trend in interest rates would ease the markets and underlined that the labour problem was not only a textile problem but a general problem in T\u00fcrkiye. He stated that people preferred the service sector or did not work at all: \u201cWe need to develop policies on this issue. Because our business is based on people,\u201d he said.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-we-are-getting-closer-to-a-period-where-we-will-be-more-competitive\"><strong>\u201cWe are getting closer to a period where we will be more competitive\u201d<\/strong><\/h2>\n\n\n\n<p>\u00c7etin Tecdelio\u011flu noted that the decreasing inflation and interest rate cuts have started to increase future expectations: \u201cWe are approaching a time where we can be more competitive in the following period. Because we, as exporters, had statements about losing our competitive power and being defeated by inflation. The exchange rate policy and high interest rates were seriously pressuring us. Now we hope that this period is over, is nearing its end, and that we, as exporters, will be able to breathe easier with new monetary policies and studies in 2025. The reduction of financial costs and the decline in inflation means that our competitive power will also increase.\u201d Referring to the elections held in the USA, he added that they expect to accelerate their trade in the American geography.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US election results, which T\u00fcrkiye and the entire world are following closely, pleased exporters. In the US presidential elections held on November 5, Republican Party candidate Donald Trump was elected for a second time and became the 47th president of the US, while the Republicans took the majority in the Senate and House of [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":60545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[10369,12450,10573],"class_list":{"0":"post-60549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-textile-news-en","9":"tag-topical","10":"tag-usa-en"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US presidential election results bring hope to Turkish exporters - Textilegence<\/title>\n<meta name=\"description\" content=\"The US election results, which T\u00fcrkiye and the entire world are following closely, pleased exporters. 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