Trump takes action against Turkey, citing poor relations with the NATO ally amid an escalating conflict over its detention of an American pastor.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
Istanbul stocks slump and the lira tumbles even further after Trump authorizes doubling of tariffs on Turkish steel and aluminum.
White House cites Turkey’s steel and aluminum exports as nat’l security threat.
“Tariffs are imposed on imports from particular countries whose exports threaten to impair national security as defined in Section 232, independent of negotiations on trade or any other matter.”
“Tariffs are imposed on imports from particular countries whose exports threaten to impair national security as defined in Section 232, independent of negotiations on trade or any other matter.”
