Trump to impose more sanctions on Turkey

by Editorial Team

Friday, 10 August, Washington- DC Insider – The relationship between Turley and the US is deteriorating more than ever before after president trump ordered to double steel and aluminum tariffs against Turkey.

Ever since the tension between the two countries started, the Turkish Lira has been weakening against the US dollar. Experts expect the Lira would weaken more as the tension between the two countries continues.

“I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!” Trump tweeted.

Experts say that doubling the tariffs would magnify the impact of the trade restrictions. This move has led to worsening the relationship between the two countries to the worst since decades. However, Trump’s intents to economically pressure on Turkey could end up in a bigger clash.

The two countries have been in negotiations over handing over Brunson, an American Christian pastor, to the United States. Ankara had a list of demands that the US is not willing to listen to, including extraditing a Turkish citizen who is behind the failed 2016 coup attempt against Erdogan.

The US officials said that the charges against Brunson are fake. Trump tried to secure a deal to release the American citizen, but he failed when a Turkish court ordered him to be transferred to a house arrest.

“This innocent man of faith should be released immediately,” Trump tweeted.

Turkey responded with vows of retaliation.

According to the government data, steel imports from Turley have been falling dramatically. During the first half of 2018, only 4% of steel imports came from Turkey, dropping nearly 50% from last year.

Turkey is not the only country that has been affected by the tariffs doubling, Trump has imposed more economic pain on other countries, like Canada, Japan, China and the European Union.

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