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Tariffs were also doubled on goods such as cosmetics, rice and coal.

Turkey too has raised tariffs on some United States products "in response to the U.S. administration's deliberate attacks on our economy", Vice President Fuat Oktay wrote on Twitter on Wednesday.

President Recep Tayyip Erdogan said Tuesday that Turkey would boycott us -made electronic products, escalating a feud with the Trump administration that has contributed to the rapid decline of the Turkish currency.

He said: "If they have the iPhone, there is Samsung elsewhere". Details of how a boycott of American electronics might be enforced were not presented during Erdogan's speech.

Erdogan also said Turkey was boycotting United States electronic products.

Erdogan has remained defiant after Trump doubled tariffs on aluminum and steel imports from Turkey to 20% and 50%, respectively.

State Department spokeswoman Heather Nauert said Turkey's economic woes were not started by U.S. sanctions.

The dispute between the North Atlantic Treaty Organisation allies - brought to a new intensity by Turkey's holding of an American pastor for two years - has raised questions over the future of their partnership and fanned fears of a looming economic crisis in Turkey.

Washington warned more economic pressures may be in store for Turkey if it refuses to release Brunson, a White House official said on Tuesday.

"And we also have our Venus and Vestel", he said, with regards to Turkey's own domestic brands.

Trump escalates feud with Turkey, imposing higher metals tariffs
Our relations with Turkey are not good at this time! Turkey is the sixth-largest steel exporter to the United States. Turkish President Tayyip Erdogan talks to media in the Black Sea city of Ordu, Turkey August 11, 2018.

Turkey's ambassador to Washington Serdar Kilic held talks with USA national security advisor John Bolton in a meeting which Ankara said was arranged by the White House.

The Trump administration introduced the economic sanctions as the result of an American Christian pastor who is now standing trial on alleged terrorism charges.

The lira jumped 5.9 per cent to 6.5028 per dollar by 6:03 p.m.in Istanbul.

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

Erdogan has called on Turks to exchange their dollars for lira in order to shore up the domestic currency.

In a joint statement issued on Tuesday, the industrialists' group TUSIAD and the Union of Chambers and Commodity Exchanges called on the government to allow the central bank to raise interest rates to help overcome the currency crisis.

Emir Tamim bin Hamad Al Thani and Erdogan are expected to discuss "means of strengthening the existing strategic cooperation between the two countries in various fields", the state news agency QNA reported. On Tuesday, Turkish companies and banks joined the call for higher interest rates to stabilize the situation.

"The secret to successful states is their readiness for war".

Turkey announced in December that it had concluded an agreement with Russia to buy two Russian S-400 defence missile systems by late 2019. He added that US electronics would have sanctions placed on them.

The country's finance minister - who is also Mr Erdogan's son-in-law - will seek to reassure around 1000 worldwide investors in a teleconference scheduled for Thursday.


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