Turkish President Recep Tayyip Erdogan has announced a boycott of American electronic products in response to Washington’s economic pressure against Ankara after the detention of a US pastor in Turkey.
“There is an economic attack against Turkey. Earlier such things were done in secret, and now they are open to us. We can react in two ways: economically and politically,” Erdogan said in Ankara Tuesday.
“Our Ministry of Finance and the Treasury are working day and night…we will boycott electronic goods from the United States. They have iPhones, but on the other hand there are Samsungs. We have our local brand Venus Vestel, we will use it,” the Turkish president added.
Share prices in Turkish electronics manufacturer Vestel rose sharply on Erdogan’s comments.
This is the latest chapter in a growing diplomatic rift between Turkey and the United States. The two countries have been at odds over the detention of American pastor Andrew Brunson in Turkey. Brunson is accused of aiding the failed military coup in 2016. He is facing 35 years in a Turkish prison.
The US imposed sanctions against Turkey and President Trump has doubled steel and aluminium tariffs on Turkish imports. US pressure has created a currency crisis in Turkey with the lira plummeting to a record low of 7.20 against the dollar on Monday before strengthening to 6.61 on Tuesday.
In addition, Turkish Airlines has announced it will stop advertising American products on its flights, authorities in Ankara said.
“What is this you’re doing?” Erdogan asked, referring to the US. “What is it that you are trying to accomplish? What do you want to do? You should know that the character of this nation is not one that wavers.”
Source: RT
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prince teutonic

Turkey’s “sanctions” against U.S. This guy in nuts!

Daeshbags Sux
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Daeshbags Sux

Moreover, due to the totally stupid gigantic loans with usury interest rates he took for his megalomaniac projects, this idiot is the cause of Turkish economy meltdown! Just imagine : you take a loan to buy a house in Turkey now… Then end with a 18.75% interest rate! Now cars loaners only accept € or $ since, as they took loans in foreign currencies as Lira is not trusted, they can’t repay with the money having lost half its value. In fact, most of them have already folded before te few survivors took this decision… The only US sanctions are… Read more »

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Stern Daler

Note that the foreign currency loans have no high interest rates – the change of exchange rates makes them toxic.

Daeshbags Sux
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Daeshbags Sux

Restriction on F-35 export to Turkey has been signed by Trump on last monday.
If the Erdogan moron wants escalation, Yankees will ban kebabs and have these banned in the EU too… Then all Turk expats will have to go back to Turkey since they all work in kebab shops…
BTW, if I remember well, i-Phones aren’t made in USA. I think the Apple factory is in Israel and employs Fakestinians as cheap labour but I’m not 100% sure.
Well, wait a little, soon you’ll need 10 Lira for $1 😉
Not even due to sanctions, just because Erdog’s incompetence…

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Stern Daler

I-Phones are made by Hon Hai Precision Industry alias Foxconn and Pegatron mainly in China.

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gzman501 .

Erdo means business. “Turkish Airlines has announced it will stop advertising American products on its flights”…Wow!..that’s gonna hurt.

Deo Cass
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Deo Cass

The satanic cabal wants this guy out! It’s true that he was the prime pusher of regime change in Syria having allowed, helped, armed and trained the overwhelming majority of the foreign mercenary terrorists that invaded Syria through the Turkish border. But after the coup against him, he realized that he was just being used as a dummy by the Western Zio/Nazi Mafia and is now trying to react. My only hope is that he takes Turkey out of NATO and send this alliance packing from Turkish soil before they concoct another coup or assassination attempt against his person which… Read more »

Pete
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Pete

One imagines Erdolf will be more concerned with where he can now purchase his supply of dildos for self-pleasurement. He clearly hadn’t thought this through…

zain rizvi
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zain rizvi

Turkey should target Facebook, Google, whatsapp and all US Tech companies spying on everyone e everywhere. Important here is to develop a credible alternative to internet run by USA and there services like mentioned above. Also demand all Turkish students studying in USA to transfer to Universities in Europe, China and Russia

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Stern Daler

The Sultan will find that that US firms hold crucial patents and make crucial chips.

p.s. He should read what happened to China’s ZTE when the firm was hit by US sanctions.