Al Jazeera: Erdogan says Turkey economy under attack as Trump doubles tariffs
After Turkish president urges people to support currency, US counterpart adds pressure with doubling of metals' tariffs.
US President Donald Trump has announced a doubling of steel and aluminum tariffs on Turkey, piling economic pressure on the NATO ally after its currency went into a tail-spin.
Trump's announcement on Friday came hours after Turkish President Recep Tayyip Erdogan lashed out against a shadowy international "interest rate lobby" which, he suggested, was "campaigning" to harm Turkey's economy, after the lira fell more than 14 percent overnight.
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WNU Editor: The U.S. is being blamed for the collapse of the lira .... On Istanbul streets, defiant Turks see U.S. hand behind lira crisis (Reuters)
Update: No kidding .... U.S.-Turkey relations will never be the same (Bloomberg). But this downward spiral in relations has been going on for a very long time.
More News On Turkish President Erdogan's Claims That Turkey's Economy Is Under Attack
Erdogan tells Turks to buy free-falling lira as Trump doubles metals tariffs -- Reuters
Erdogan says attempts to exert economic pressure on Turkey futile -- TASS
Erdogan urges Turks to dump dollar to support lira -- RT
Turkish lira plunges 15% versus dollar after Trump authorizes doubling metals tariffs on Turkey -- CNBC
Turkey's currency takes 20% dive to fresh all-time low after Trump tweets new tariff rates -- Yahoo News
Turkey Emerges as Economic Flash Point as Tensions With U.S. Soar -- The New York Times
Turkey's Currency Crisis: What Happened, What's Next, Why It Matters -- The Street
