
🚨 BREAKING: Turkey has halted all exports to and imports from Israel as of today, marking a significant shift in their trade relations.
Turkey was a vital trade partner, supplying Israel with over $1 billion USD in iron and steel, along with significant quantities of plastics, metal articles, electronic equipment, and vehicles.
This abrupt cessation will particularly impact Israel’s construction sector, which has already been struggling with about 40% of projects stalled since October 7 due to a severe labor shortage from the absence of Palestinian workers.
This disruption is likely to exacerbate the existing shortage in the real estate market, forcing Israel to seek costlier alternatives from Europe and East Asia. – Bernie
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