The showdown between the US and China is unstoppable. The trade wars that global economies are following with great attention may lead to a sharp contraction of up to 80 percent in the trade of goods between the two countries and a decrease of approximately 7 percent in the global real Gross Domestic Product (GDP) in the long term. However, as our President Recep Tayyip Erdoğan emphasized, “There is a serious uncertainty in the world, but we know that we will get through this period more easily than many countries. We expect Turkey to be less affected than similar countries.”