Turkey's Erdogan calls on Turks to buy lira for 'national battle'

Trump vows to double steel and aluminum tariffs on Turkey

Erdogan's speech came after the New York Times published an op-ed by the Turkish president, in which he said the United States has "repeatedly and consistently failed to understand and respect the Turkish people's concerns", adding that "in recent years, our partnership has been tested by disagreements". "This is Turkey", he said.

"Section 232 tariffs are imposed on imports from particular countries whose exports threaten to impair national security as defined in Section 232, independent of negotiations on trade or any other matter", White House deputy press secretary Lindsay Walters said in a statement.

A Turkish delegation visited Washington for talks this week but left with no signs of a breakthrough.

A Turkish court has agreed to move Brunson from prison to house arrest over health concerns, but it still does not allow him to return to the United States.

Erdogan, whose typical defiance in the face of the crisis has further unnerved investors, appealed to Turks' patriotism and urged support for their free-falling currency. "Don't worry", Erdogan told a crowd in the northeastern city of Bayburt.

He repeated a long-standing plan to shift to trading in national currencies and said Turkey was preparing for such a step with Russia, China and Ukraine.

President Donald Trump said on Friday he'd authorised higher tariffs on imports from Turkey.

"The United States should know that the only result such sanctinos and pressure will bring... will be harming our relationship as allies", the Turkish foreign ministry said in a statement.

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"I am asking you". Failure to reverse this trend of unilateralism and disrespect will require us to start looking for new friends and allies,"Mr Erdogan said".

"Their currency, the Turkish lira, slides rapidly downward against our very strong dollar!" Ankara and Washington agreed to work together to resolve problems between them, Cavusoglu said after the meeting.

A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the US, which President Donald Trump stoked further with a promise to double tariffs on the North Atlantic Treaty Organisation ally.

He also advised them to show solidarity by converting any stashed-away gold or foreign currency to Turkish lira in a bid to wage a "war of independence" against America.

He also said it was a pity that Washington chose Brunson over Turkey, its partner in North Atlantic Treaty Organisation, and in an opinion piece in the New York Times, he warned the United States that Ankara had other alternatives as allies. Do not take a stance saying, "We are bankrupt, we are done, we should guarantee ourselves.' If you do that, that would be wrong".

In a Twitter post on August 10, the US president also referenced the rapid decline of the North Atlantic Treaty Organisation ally's national currency against "our very strong dollar". It is host to a critical part of the Western alliance's missile defense system again Iran.

Ankara and Washington also disagree over their military interventions in the Syria war, Turkey's plan to buy missile defense systems from Russian Federation and the USA conviction of a Turkish state bank executive on sanctions-busting charges in January.

Iran's Foreign Minister Mohammad Javad Zarif waded into the mounting row by accusing Washington of having an "addiction to sanctions and bullying".

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