Turkey threatens retaliation over new US sanctions

Турция грозит возмездием за новые санкции США

The Minister of trade of Turkey said that Ankara, in accordance with WTO rules has reacted to increasing trump duties on Turkish steel and aluminium.

After the statements of the U.S. Treasury about the possibility of new sanctions against Ankara Turkey threatened Washington retaliation. With the corresponding statement the government of Turkey made on Friday, August 17.

The United States announced punitive measures because of the refusal of the court in Izmir for the release from house arrest of an American pastor Andrew Brunson.

The Minister of trade of Turkey Ruhsar Pekcan announced that Ankara is in accordance with the available under the world trade organization (WTO) mechanisms have already responded to improving U.S. President Donald trump duties on Turkish steel and aluminium from 25 to 50 percent.

“We will continue” to take appropriate steps in this direction, said Pekcan.

Meanwhile, on August 17, the Turkish Lira after a small strengthening in the past few days continued to fall against the us dollar. At certain moments of trading, it was trading at against the us currency at the level of 6.1 liras to the us dollar, thus depreciating by 5%.

Retention of Branson under arrest and violations of human rights by the Turkish authorities gave rise to the imposition of U.S. sanctions against the heads of police and of the justice of the country. Soon trump also announced the increase by half the duty on steel and aluminium supplied from Turkey.

Source: Russian service of DW

 

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