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Turkey has more to ‘lose’ in Apple boycott

Turkey has more to ‘lose’ in Apple boycott

The currency has lost almost 40 percent against the dollar this year, driven by worries over Erdogan's growing influence on the economy and his repeated calls for lower interest rates despite high inflation. Tariffs were also imposed on other U.S. goods, including cosmetics, rice and coal. 'The import duties were increased on some products, under the principle of reciprocity, in response to the USA administration's deliberate attacks on our economy, ' Vice President Fuat Oktay wrote on ...


With Iran, Turkey we defeated terrorists in Syria: Lavrov

With Iran, Turkey we defeated terrorists in Syria: Lavrov

Turkey's national currency lira has lost nearly 20 percent of its value against USA dollars since Friday, amid ongoing strain between Turkey and the US over detention of American pastor Andrew Brunson. Last week United Nations humanitarian adviser Jan Egeland said that Turkey, Russia and Iran had all agreed to "do their utmost to avoid" a battle in Idlib.


Trump says his steel tariffs will save the USA industry

Trump says his steel tariffs will save the USA industry

But perhaps most worrying for American businesses selling in China, a significant minority of the people interviewed - 14, or 28 percent - want to stop buying American products now, and some say they are already boycotting anything made in the U.S.


Bitcoin and Ethereum Price Forecast - BTC Prices Continue to Crash

Bitcoin and Ethereum Price Forecast - BTC Prices Continue to Crash

The price is a far cry from bitcoin's all-time high of nearly $20,000 back in December 2017. At the height of Ether's rally previous year, the digital coin comprised 32% of cryptocurrency market capitalization, coming within striking distance of Bitcoin's 39%.


Trump's latest boost to the dollar: U.S.-Turkey spat

Trump's latest boost to the dollar: U.S.-Turkey spat

The decree said the move brought tariffs to 50 percent on imports of USA rice, 140 percent on hard alcoholic drinks like spirits, 60 percent on leaf tobacco and 60 percent on cosmetics. Three big companies operating in Dogubank, a trade center specialized in the sales of electronic products in central Istanbul , suspended 50 million US dollars' worth of iPhone orders, the Turkish daily said.


Pence warns Turkey not to test Trump's resolve on Brunson case

Pence warns Turkey not to test Trump's resolve on Brunson case

The Turkish government doubled its tariffs on imports of American cars and alcoholic beverages to 120 and 140 percent , respectively, CNN reported . The lira, which has fallen nearly 40% against the dollar this year, rose 4.5% to 5.7TL on Thursday afternoon. The local court in Izmir rejected Brunson's appeal to be released while his trial is pending.