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World

RELATIONS WITH THE USA 16. 08. 2018.   >>  19:07 0

RELATIONS WITH THE USA

Turks revenge, lira liven up

The Turkish lira slightly recovered, but is still below 6.0 against dollar.

US ruled out the removal of steel tariffs on Turkey even if it frees a US pastor and regardless of Qatar’s pledge to invest 15 billion dollars in Turkey.

The Reuters agency reports that the attention of investors is aimed at a crucial conference call between the country’s finance minister Berat Albayrak and international investors.
In response to US measures, Turkey has doubled tariffs on some American products, such as passenger cars, alcohol and tobacco.

The White House condemned the move.

"The Turkish tariffs are certainly regretful thing and a step in the wrong direction," the White House spokeswoman Sara Sanders said. "The reason for the tariffs that the US imposed to Turkey was our national security interest. Their tariffs are imposed as a revenge.“

The crisis began days after US President Donald Trump announced via Twitter a doubling of steel and aluminum tariffs on Turkey, as Washington pushed Ankara to release Evangelical Christian pastor Andrew Brunson, who is being held on terrorism charges.

 

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