Trump: Aluminum and steel tariffs on Turkey will be doubled
Diana Stancy Correll reports in The Washington Examiner,
The U.S. is doubling tariffs on steel and aluminum imports from Turkey, President Trump announced Friday as he admitted the relationship with the NATO ally were strained.
“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%. Our relations with Turkey are not good at this time!” Trump tweeted.
The Trump administration has implemented broad-based tariffs of 25 percent tariff on steel and 10 percent tariff on aluminum. The lira continued to drop as Trump tweeted about raising the tariffs for Turkey, by as much as 14 percent against the U.S. dollar on Friday.
The tension between the U.S. and Turkey has increased as the Trump administration has called for the release of Andrew Brunson, a 50-year-old evangelical Christian pastor from North Carolina. He was detained in 2016 after he was blamed for assisting rebels in a coup. He has denied charges that say he engaged in espionage and collusion with terrorist organizations.
Last month, Brunson was released from prison and is currently on house arrest due to “health problems,” Turkey’s official Anadolu news agency reported.
Read more here.
Source: http://bobagard.blogspot.com/2018/08/trump-aluminum-and-steel-tariffs-on.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).