Turkish Lira Plummets; Erdogan Pledges Economic War 

The Turkish lira suffered its worst one-day loss in a decade Friday after President Donald Trump announced that the United States would hike tariffs, prompting investor confidence to slump.

Trump announced the doubling of aluminum and steel tariffs in a tweet Friday, citing bilateral strains.

Ties between the countries have been strained as Washington has urged Ankara to release Andrew Brunson, an American pastor being held under house arrest on terrorism charges. The White House dismisses the charges as baseless and has accused Ankara of hostage taking. Turkey wants Brunson to stand trial.

The Brunson...

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By: VOA - Friday, 10 August

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