The White house explained the fall of the Turkish Lira

В Белом доме объяснили падение турецкой лиры

Advisor to the us administration pointed out that the rapid decline of the currency due to uncertainty in the Turkish economy, not the sanctions and duties of the United States.

Economic adviser to the White house Kevin Hassett said in a broadcast of MSNBC that fluctuations in the Turkish market associated with the departure from democracy, not American sanctions and increase import duties.

“When a country loses the connection with liberal democracy, I don’t know exactly what will happen with the economy further. Think there is a big uncertainty,” he said Hassett .

According to him, import duties only dealt with steel, and this industry is a “very small part” of the Turkish economy.

The adviser also stressed that the US administration is closely watching the Lira exchange rate.

As reported Корреспондент.neton August 10 the President of the United States Donald trump ordered to double the duties on Turkish steel and aluminium up to 50 and 20% respectively.

Erdogan: Turkey will not lose the economic war

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