Turkey imposes up to 140% tax on rice, alcohol, cars from US

Adjust Comment Print

"There is a cost for those who are plotting the operation" against Turkey, he said in televised remarks from Ankara, without specifying when the boycott would start or how it would be enforced.

"If they have the iPhone, there is Samsung on the other side".

It's not clear how Erdogan would enforce the boycott, the AP noted.

President Erdogan has accused the United States of trying to "bring Turkey to its knees through threats over a pastor".

Turkey's Vice President Fuat Oktay has said Turkey has increased customs duties on some United States products including alcohol, cigarettes and cars in retaliation to Washington's tariffs on Turkish aluminium and iron.

That helped ease tensions in financial markets, with the Turkish lira stabilizing somewhat near record lows.

The Turkish lira rose for a second day on central bank liquidity measures, while other emerging market currencies stumbled again, with the South African rand hitting a 13-month trough and the Indian rupee lingering near an all-time low. A court on Wednesday rejected an appeal for the release of Andrew Brunson from house arrest.

There was a clear, sharp drop in the lira's value on Friday after Trump tweeted he was doubling tariffs on Turkish steel and aluminum, citing a national security threat, and a smaller decline when the USA sanctioned Turkey's Interior and Justice Ministers on August 1.

A Turkish court on Wednesday denied an appeal from pastor Andrew Brunson to be released from house arrest.

Joe Lauria details prime time to enjoy Perseid Meteor Shower
The shower got its name from the fact that the meteors seem to come from a single point in the constellation Perseus. Or head to the North Cascades, overlooking famously turquoise Diablo Lake near Colonial Creek South Campground .

Elon Musk claims Saudis would help him take Tesla private
Musk added that he has continued talks with the managing director of the Saudi fund who wishes to move forward with the process. A handful of investors have filed lawsuits against Tesla and Musk, claiming the company's share price had been manipulated.

Federal Bureau of Investigation fires former Russian probe investigator who sent anti-Trump texts
In one exchange, Strzok and Page anxious that the FBI was going too hard on Hillary in the email investigation. Mr Strzok was also a lead investigator on the probe into Democrat Hillary Clinton's email sever in 2016.

The currency TRYTOM=D3 has lost almost 40 percent against the dollar this year, driven by worries over President Tayyip Erdogan's growing influence on the economy and his repeated calls for lower interest rates despite high inflation.

Berk Esen, an assistant professor of global relations at Bilkent University in Ankara, said China was not likely to be a substitute for North Atlantic Treaty Organisation or even Russian Federation in Turkey's security.

Turkey and the US have been locked in a heated crisis emanating from unjust sanctions and the actions of Trump, as Washington levied sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdulhamit Gül for not releasing American pastor Andrew Brunson, who faces terrorism charges in Turkey.

"We as Turkish Airlines are taking our place alongside our state and people", senior vice president for media relations Yahya Ustun tweeted.

And in what appeared to some form of huff about the cost of retrieving one of his fellow citizens being too high, he added, "as our chief foreign correspondent Richard Engel explains, it can all be traced back to a fight over one American citizen".

As NPR explained in a primer on the dispute, much of the ill will shared by Turkey and the US stems not only from the back-and-forth on tariffs, but also from a diplomatic dust-up centered on two men of faith.

But the USA insists Andrew Brunson, a long-time Turkish resident who ran the tiny Izmir Resurrection Church, is "a victim of unfair and unjust detention".

Speaking about Turkey's Africa outreach policy, Cavusoglu said: "Sudan is a very important partner for Turkey".