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Trump Ends Turkey Benefits -- More Sentiment Than Trade

Trump Ends Turkey Benefits -- More Sentiment Than Trade

Trump Ends Turkey Benefits -- More Sentiment Than Trade

(Bloomberg) -- President Donald Trump has issued a 60-day notice to end trade benefits on some Turkish exports to the U.S. The trade impact of the decision on Turkey’s economy is small -- less than 0.2 percent of GDP, according to Bloomberg Economics. But the blow to sentiment could be more damaging.

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