U.S. President Donald Trump said on Friday he had authorized higher tariffs on imports from Turkey, imposing a 20 per cent duty on aluminum and 50 percent one on steel, as tensions mount between the two NATO allies over Ankara’s detention of an evangelical pastor and other diplomatic issues.
“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!” Trump said in an early morning post on Twitter.
“Aluminum will now be 20 percent and Steel 50 per cent. Our relations with Turkey are not good at this time!”
Trump’s announcement came less than an hour after Turkish President Tayyip Erdogan urged Turks to help defend the country against what he called economic war against the country.
Erdogan appealed to a crowd in the city of Bayburt to exchange dollars and gold for Turkish lira to prop up the plunging currency.
The U. S., the world’s biggest steel importer, imposed tariffs of 25 per cent on steel and 10 percent on aluminum in March for imports from a variety of countries.
Since then, its relationship with Turkey, the sixth largest steel importer to the United States, has deteriorated, prompting Ankara to send a delegation on Monday to Washington to meet with both the State and Treasury Departments. But those talks on Thursday showed no signs of breakthrough.
Last week, the United States imposed sanctions on Turkey’s justice minister and interior minister for not releasing Pastor Andrew Brunson.
Securing the release of Brunson, arrested in 2016, is a top priority for the U.S., and it is also tussling with Turkey over the detention of three locally employed U.S. embassy staff, trade issues and differences over Syria.(Reuters/NAN)
Trump To Announce Bid For Re-Election At Florida Rally
U.S. President Donald Trump is set to announce his candidacy for a second four-year term at a rally in Florida....
Egypt Buries Ex-Leader Morsi After Sudden Death
Former Egyptian President Mohammed Morsi has been buried hours after he collapsed in court and died on Monday. His lawyer...
PMB Mourns Victims Of Bomb Blasts
President Muhammadu Buhari has commiserated with families of victims of bomb blasts at a viewing centre in Mandarari, Konduga local...
Govt Ready To Pay Judiciary Staff – Kogi SSG
With the recent payment of one-month subvention to the state judiciary, Kogi State government has said that it is ready...
FG Assures ILO Of Moving Workers Out Of Poverty
The federal government yesterday assured global leaders attending this year’s International Labour Conference (ILC) holding in Geneva, Switzerland that it...
Cleric Tasks Christians On Thanksgiving
Christians across the world have been charged to imbibe the spirit of thanksgiving, supplication and adoration to God as a...
Police Deny Discovery Of Arms In Adamawa Poly Mosque
Adamawa State Police Command, have denied reports that arms was allegedly discovered in the Mosque inside the State Polytechnic Yola...
POLITICS19 hours ago
APC Kicks As Bauchi Govt Suspends Inauguration Of 9th Assembly
COVER STORIES7 hours ago
Fear Grips Lawmakers As FG Begins Probe Of Constituency Projects
NEWS22 hours ago
1 Killed, 6 Vehicles Destroyed As Kona, Fulani Clash.
NEWS15 hours ago
Taraba Govt Deny Imposing Curfew On Jalingo.
AFRICA16 hours ago
Former Egyptian President Morsi Dies In Court During Sitting
NEWS21 hours ago
Windstorm Destroys Over 1000 Houses In Zamfara LGA
FOOTBALL24 hours ago
PSG Consider Neymar Sale As Club Chairman Warns To Players
NEWS3 hours ago
EDHA Inaugurated, Okiye Emerges Speaker