Turkey’s president calls for a boycott of US electronics

Turkey’s president calls for a boycott of US electronics

Despite a call from Turkish business groups for President Recep Tayyip Erdogan to mend ties with Washington, the leader was defiant on Tuesday, calling for a boycott of USA electronic equipment.

President Recep Tayyip Erdogan announced Turkey's latest salvo Tuesday, saying his country will boycott USA -made electronic goods and turn to other manufacturers including South Korea's Samsung or Turkey's Vestel. Although no further detail on the length and implementation of the boycott was provided, but significantly, the transcript of Erdoğan's speech on the Turkish presidency's website omitted the boycott announcement. "If they have the iPhone, there is Samsung", the Turkish president said.

Turkey sought to face down the United States and currency traders as its president, Recep Tayyip Erdoğan, reportedly received support from the German chancellor, Angela Merkel.

Turkey on Wednesday said it was hiking tariffs on imports of several key United States products in retaliation for American sanctions against Ankara, as a bitter dispute between the two allies that sent the Turkish lira into freefall showed no sign of ending.

Neither the White House, Turkey's Ministry of Foreign Affairs nor Apple immediately responded to a request for comment.

That helped ease tensions in financial markets, with the Turkish lira stabilizing somewhat near record lows.

After reaching record lows on Monday, the lira rebounded to stronger than 6.0 against the dollar on Wednesday.

Brunson's charges include spying for the PKK listed as a terrorist group by both the U.S. and Turkey and the Fetullah Terrorist Organization (FETO).

This comes after defense attorneys for pastor Andrew Brunson renewed an appeal on Tuesday, ordering the Turkish government to release their client from house arrest and lift his travel ban.

Turkey has been thrown into crisis mode over the past week after US President Donald Trump doubled steel and aluminium tariffs on the country, sending the value of the lira into free-fall.

"We as Turkish Airlines are taking our place alongside our state and people", senior vice president for media relations Yahya Ustun tweeted.

Erdogan also has called on people to exchange their USA dollars for Turkish lira to help strengthen the exchange value of the country's currency.

Turkey was the target of an economic war, he said.

Global investors are anxious about Turkey's high amount of debt held in foreign currencies, especially the dollar.

Pekcan said, according to the report, "the United States is an important trading partner, but it is not our only partner".

The country has also called for a ban on US electronics.

But Sanders declined to say how the USA government plans to apply more pressure on Ankara, which repeatedly has ignored calls from Trump and others to free Christian pastor Andrew Brunson.

"They are squeezing lira liquidity out of the system now and pushing interest rates higher", said Cristian Maggio, head of emerging markets strategy at TD Securities.

A previous appeal by Brunson was rejected at the end of July.

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