Turkey’s government scrambles amid showdown crisis with U.S.

Turkey’s government scrambles amid showdown crisis with U.S.

by WorldTribune Staff, August 13, 2018 The Turkish government has vowed to “retaliate” against the U.S. for imposing new tariffs as Turkey struggles with an economic crisis that has seen its currency drop in value by 40 percent since the start of the year. U.S. President Donald Trump last week imposed higher tariffs on Turkish imports, including […]

Turkey’s Erdogan on the defensive: Trump turns up the heat, exacts pain

Turkey’s Erdogan on the defensive: Trump turns up the heat, exacts pain

by WorldTribune Staff, August 10, 2018 Turkey’s lira went into a tailspin on Aug. 10 after U.S. President Donald Trump said he would impose steep tariffs on the NATO country’s steel and aluminum. “I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, […]