Trump said he would lift U.S. sanctions on Turkey and would make a decision on a potential F-35 sale to Ankara at the NATO summit with Tayyip Erdogan. The move would reduce sanctions-related risk for Turkey and could unlock a major defense export deal contingent on U.S. approval. Market impact is likely meaningful given the geopolitical and export-control implications.
Trump said he would lift U.S. sanctions on Turkey and would make a decision on a potential F-35 sale to Ankara at the NATO summit with Tayyip Erdogan. The move would reduce sanctions-related risk for Turkey and could unlock a major defense export deal contingent on U.S. approval. Market impact is likely meaningful given the geopolitical and export-control implications.
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mildly positive
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