Turkey to boycott USA products including iPhone, says Erdogan

Turkey to boycott USA products including iPhone, says Erdogan

Turkey to boycott USA products including iPhone, says Erdogan

Three big companies operating in Dogubank, a trade center specialized in the sales of electronic products in central Istanbul, suspended 50 million USA dollars' worth of iPhone orders, the Turkish daily said.

The White House on Wednesday condemned Turkey's doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action "a step in the wrong direction". Coal, fruit, rice, and other USA products will also be hit by higher tariffs.

Vice President Fuat Oktay, in a posting on Twitter, said the duties were in response to the US' "deliberate attacks on our economy".

The current focus of tensions between the two countries is the trial in a Turkish court of USA pastor Andrew Brunson, who is accused of helping the group Ankara says was behind a failed military coup in 2016.

If Brunson is found guilty, he could face up to 35 years in prison. Ankara responded by levying similar largely symbolic sanctions against two U.S. Cabinet members.

Mr Brunson's lawyer Ismail Cem Halavurt on Tuesday appealed again to a Turkish court to release him and lift his travel ban.

Earlier in the week, President Recep Tayyip Erdogan asked Turkish citizens to boycott the use of American technology like iPhones, in response to United States tariffs levied late last week.

The NATO allies have been at loggerheads over a wide range of topics, including diverging interests in Syria, Ankara's ambition to buy Russian defence systems and Andrew Brunson, a pastor on trial for terrorism charges.

LONDON - Turkey's downtrodden currency, the lira, surged on Wednesday morning hours after the country's government hit back at what it believes are "deliberate attacks" against its economy by the U.S., by levying significant tariffs against American goods.

The Turkish lira continued to rebound from record losses on Thursday a day after Qatar pledged $15 billion in investments to help Turkey's economy.

Investors said Albayrak's conference call would test whether Turkey can persuade markets that its monetary policy is not hostage to political influence.

This has meant that commerce, even between two countries that don't use the dollar as their currency, tends to be conducted, at least in some roundabout way, in dollars.

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