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TRUMP doubles steel, aluminium tariffs for Turkey, Erdogan retaliates

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Trump Authorizes Doubling Tariffs on Steel and Aluminum Imports From Turkey

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Trump Authorizes Doubling Tariffs on Steel and Aluminum Imports From Turkey

WASHINGTON (Sputnik) – US President Donald Trump said in a statement on Friday that he has doubled the steel and aluminum tariffs already in place against imports from Turkey.

“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 said in a Twitter message.

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Erdogan urges Turks to dump dollar to support lira

RT – Turkish President Recep Tayyip Erdogan has called on the country’s citizens to sell foreign currencies to support the lira which has seen a record plunge against the US dollar amid a diplomatic conflict with Washington.

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—— AUTO – GENERATED; Published (Halifax Canada Time AST) on: August 10, 2018 at 09:58AM

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