Trade War: Party Officials and Steel Exports

trade war: He told party officials on Sunday in the Black Sea city of Trabzon We will respond to those, who declared trade war on the entire world and included Turkey in it, by steering toward new alliances, new markets, according to The Guardian. The currency fell 20% to record lows last week after Donald Trump, the US president, slapped tariffs on the country's steel exports and declared via Twitter Our relations with Turkey are not good at this time. Turkey financial crisis lira plunges again amid contagion fears Read more Recep Tayyip Erdo an, Turkey's president, remained defiant over the weekend, accusing foreign interests of waging an economic war against Turkey and pledging trade measures to reduce reliance on the dollar and US markets. It hit a new all-time low in Asian trading on Monday morning when it touched 7.24 to the US dollar before recovering slightly. But Turkey's woes spread far beyond a trade dispute. The euro was down 1% and Asian stock markets were also in the red. (news.financializer.com). As reported in the news.