Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Economic manipulations will not work on Turkey, Erdoğan says

by Daily Sabah

ISTANBUL Aug 10, 2018 - 12:00 am GMT+3
 AA Photo
| AA Photo
by Daily Sabah Aug 10, 2018 12:00 am

President Recep Tayyip Erdoğan remained defiant over the sliding lira and vowed Turkey will not be brought to its knees with economic manipulations after U.S. President Donald Trump said he would double steel and aluminum tariffs on Turkey amid a diplomatic row.

Speaking in the northern Gümüşhane province, Erdoğan said the conflict between the two NATO allies can only be resolved through negotiations and dialogue, reiterating the country will not bow to U.S. pressure on the Turkish currency.

Erdoğan recalled that the economy had grown by 7.4 percent in the first quarter of 2018.

"We won't allow anyone to deter us from our goals... Despite the attacks conducted via the currency rate, we will continue to grow in the second quarter and end 2018 with a record rate," he said.

The Turkish leader also hailed economic ties with Russia, saying as many as 6 million Russians tourists would visit Turkey this year.

"Of course these relations, these contacts make us stronger," he said.

Trump's announcement came days after a Turkish delegation returned from Washington with no progress on the detention of American pastor Andrew Brunson, who is under house arrest in Turkey on terrorism charges.

However, the White House later clarified that Trump's announcement "authorized the preparation of documents" to raise the tariffs. That means it likely will take some time to implement.

Brunson's charges include spying for the PKK, listed as a terrorist group by both the U.S. and Turkey, and the Gülenist Terror Group (FETÖ), the group behind the defeated coup attempt in Turkey of July 2016.

Turkey and the U.S. are currently experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Süleyman Soylu and Justice Minister Abdulhamit Gül for not releasing Brunson.

  • shortlink copied
  • Last Update: Aug 10, 2018 6:23 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Kangri: Making of the traditional fire-pot in Kashmir
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021