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Erdogan warns USA risks losing Turkey as strategic partner

Erdogan warns USA risks losing Turkey as strategic partner

It said it would support steel and aluminium exporters on all worldwide platforms, and the USA remained an important trade partner. The U.S. exported $9.75 billion worth of goods-mostly cotton, scrap iron, steel, civilian aircraft parts, coal, and petroleum gases-to Turkey, and imported $9.42 billion worth of goods from them.

Iran's Foreign Minister Mohammad Javad Zarif waded into the mounting row between Turkey and the United States, accusing Washington of an "addiction to sanctions and bullying".

Mr Trump tweeted that he had authorised the doubling of steel and aluminium tariffs "with respect to Turkey".

The new duties on Turkey are double the level Mr Trump imposed in March on steel and aluminium imports from a range of countries.

In a statement the White House clarified that Trump had authorized the preparation of documents to raise steel and aluminum tariffs.

Recep Tayyip Erdogan said his country would instead seek "new markets, new partnerships and new allies" after Trump announced higher tariffs on imports from Turkey.

Judge orders plane carrying deported immigrants to return to US
The attorney for the US DOJ, Erez Reuveni, could not confirm where Carmen and her daughter actually were at the time. None of the adults had been separated from their children as part of President Trump's "zero-tolerance" policy .

The ailing Turkish lira, which had already lost one-third of its value this year largely over worries about Mr Erdogan's wider control of the economy, crashed further last Friday to a fresh record low, at one point losing 18 per cent, its biggest fall since 2001.

He does have an understandable reason: Turkey has been holding an American pastor captive for 21 months, on grounds that the preacher was involved in the failed coup attempt against Turkish president Recep Tayyip Erdogan in 2016.

A Turkish waits to change his United States dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday.

Global stocks have slumped as concerns grow over Turkey's crisis - with European stocks bearing the brunt of the crash.

Erdogan is also upset at the protection United States coalition forces are providing the Kurds in Syria, against the invading Turkish army.

Meanwhile, investors are anxious about the economic policies of President Recep Tayyip Erdogan, who won a new term in office in June with sweeping new powers.

Samsung Galaxy Note 9 - South African pricing and release date
There are two variants of the Note 9: a 128GB model, and a 512GB version - which is already huge by any smartphone standards. Samsung's €1,029 price for its lower-tier Note 9 signifies that premium devices look set to cost around €1,000 from now on.

Erdogan said Turkey act in accordance with the law, saying: "We have not made concessions on justice so far, and we will never make any".

According to Jacob Funk Kirkegaard, a senior fellow at the Peterson Institute for International Economics, "The administration seems to be willing to accept a scenario in which Turkey - as the economic crisis escalates and the nationalist rhetoric we've heard come out of Erdogan escalates - that Turkey is no longer a strategic ally". Gulen has denied the allegation.

"You dare to sacrifice 81-million Turkey for a priest who is linked to terror groups?" He has denied the charges.

Norine was released 13 days after her arrest, but the pastor, who has been in the country for more than 20 years, remained in prison for 21 months until a judge ruled his house arrest while the trial against him continues.

It was down roughly 0.5 percent to trade at $1.146 on Friday morning.

Turkish officials held talks in Washington this week, but there was no breakthrough.

LOOK UP: Perseid Meteor Shower Peaks This Weekend
If bad weather does spoil your view, you can also watch the Perseid meteor shower live here on Sunday (Aug. 12) starting at 5 p.m. You'll be able to see a few meteors in the sky over the next few nights, but the Perseids meteor shower peaks Sunday night.

Turkey has defied the United States on several fronts.


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