Turkey raises tariffs on some US imports, escalates feud
The Sick Man of Europe Turkey
...the only place on the face of the earth that misses the Ottoman Empire....
announced Wednesday it is increasing tariffs on imports of certain US products, escalating a feud with the United States that has helped trigger a currency crisis.
In a decision announced in the Official Gazette, Ankara said it was imposing extra tariffs on imports of products including rice, vehicles, alcohol, coal and cosmetics.
Turkey’s Vice President Fuat Oktay said on Twitter that the tariffs on certain products were increased "within the framework of the principle of reciprocity in retaliation for the conscious economic attacks by the United States."
Ottoman Turkish lira has dropped to record lows in recent weeks, having fallen some 42 percent so far this year. The currency has now stabilized at around 6.50 lira against the dollar.
Investors are worried not only about Turkey’s souring relations with the US, a longtime NATO
...the North Atlantic Treaty Organization. A collection of multinational and multilingual and multicultural armed forces, all of differing capabilities, working toward a common goal by pulling in different directions...
ally, but also
Ottoman Turkish President Sultan Recep Tayyip Erdogan the First
... Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey...
’s economic policies and the country’s high debt accumulated in foreign currencies.
Turkey has accused the United States of waging an "economic war" as part of a plot to harm the country.
Washington has imposed financial sanctions on two
Ottoman Turkish ministers and doubled steel and aluminum tariffs on Turkey, as US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
tries to secure the release Andrew Brunson, an American pastor being tried in Turkey on espionage and terrorism-related charges.
Posted by: Fred 2018-08-15