President Trump introduced new tariffs on Turkey amid souring relations with the NATO partner.
According to The Daily Caller:
President Donald Trump said Friday that he is doubling steel and aluminum tariffs against Turkey, a Nato ally.
“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! Aluminum will now be 20% and Steel 50%,” Trump tweeted.
“Our relations with Turkey are not good at this time!”
Trump issued the tweet after Turkish President Recep Tayyip Erdogan called on citizens to convert their dollars and other foreign currencies to lira.
Turkey’s President Tayyip Erdogan was not happy with Trump’s decision and said that his country will prevail. The tariffs also come as Turkey continues to prosecute an American Andrew Brunson who is being held on bogus terrorism charges.
