Turkey to boycott USA products including iPhone, says Erdogan


Ankara has responded by threatening to boycott USA gadgets including Apple iPhones and sharply increasing duties on a number of American goods like tobacco, alcohol, cars, cosmetics, etc.

"The import duties were increased on some products, under the principle of reciprocity, in response to the US administration's deliberate attacks on our economy", Vice President Fuat Oktay wrote on Twitter.

The rebound of around 6 percent on Wednesday, briefly strengthening to less than 6.0 against the dollar, came after the central bank squeezed lira liquidity in the market, effectively pushing up rates and supporting the currency.

Turkey's state-run news agency and US officials say US National Security adviser John Bolton had met with the Turkish ambassador to Washington on Monday.

Turkish President Recep Tayyip Erdogan has accused the United States of stabbing Turkey in the back and on Tuesday called for a boycott of U.S. electronics products.

Turkey announced Wednesday increased duties on USA products including cars, tobacco and alcohol in retaliation to US sanctions and tariffs on Turkey in an on-going feud over the detention of an American pastor.

After the USA imposed sanctions on two Turkish ministers and amid growing domestic pressure from businesses and banks to contain a currency crisis, Erdogan said he wouldn't back down in the face of the economic attack against his country.

It's not clear how Erdogan would enforce the boycott, the AP noted.

The BBC Turkey correspondent Mark Lowen said Mr Erdogan's boycott could stoke tensions with the USA further - and Turks are waiting nervously for Mr Trump's response.

The Turkish lira has lost more than 40 percent of its value.

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In a statement released Tuesday, Turkish business groups called on Erdogan to let the Turkish central bank raise interest rates to stop the currency crisis.

Also helping was Turkey's decision to release two Greek soldiers from prison on Tuesday, increasing prospects for improved relations with the European Union.

Erdogan said Turkey is the target of an economic war waged by the USA, calling on citizens to exchange foreign currency and gold for the lira.

A White House official said the United States was warning more economic pressures may be in store for Turkey if it refuses to release Brunson.

Kalin called on the United States to respect legal process in Turkey in reference to the American pastor's continued detention.

Russia, Brazil, Argentina, South Africa and Mexico have also seen their currencies fall over the last week.

"We will boycott electronic goods from the United States", the president said, raising the stakes in a spat with Washington following the detention of U.S. pastor Andrew Brunson on terror-related charges.

The court in the western city of Izmir ruled that Mr Brunson, who faces 35 years in jail on terror and espionage charges, will remain under house arrest.

The chargé d'affaires at the US embassy in Turkey, Jeffrey Hovenier, visited Brunson on Tuesday and called for his case - and those of others detained in Turkey - to be resolved "without delay" and in a "fair and transparent manner".

He said Russian Federation and Turkey have set a goal to switch from dollars to national currencies in mutual trade.