Date: 2 months ago   Category: Economy

Erdogan has declared boycott to electronics from the USA — Rambler News Service


Photo: The Russian President Administration the President of Turkey Recep Tayyip Erdogan announced the beginning of boycott of electronic production from the USA after input by Washington of sanctions and doubling of rates of the customs duties on steel and aluminum. His words are cited by Hurriyet Daily News. "We will boycott electronic production of the USA. If they have iPhone, there is also Samsung. We besides have own Venus Vestel. We will take these measures" — Erdogan has said. Within a symposium in Ankara on the occasion of the 16th anniversary of creation ruling parties of Turkey — "Justice and Development Party" — Erdogan has noted that the Turkish banking system is one of the most reliable in the world. The Turkish leader has said that now Ankara faces "the economic attack" with which it is possible to cope financial and political measures. "We have taken measures which were necessary for economy, and we will continue to do it … What is more important to keep, in my opinion, it a strong political position" — the Turkish leader has told. At the end of a performance Erdogan has noted that transition of Ankara to foreign currency would mean a concession to the enemy. On August 10 the U.S. President Donald Trump has doubled rates of duties on steel and aluminum from Turkey because of decline of Turkish lira. Next day Erdogan has said that he is ready to begin trade with partners in national currencies. The relations of the USA and Turkey were heated in 2016 when the Turkish authorities have detained the American passport of Andrew Branson. At the beginning of August of this year the American Ministry of Finance has imposed sanctions against the Minister of Justice of Turkey Abdulakhmit Gül and the minister of internal has put Suleyman to Soil. They were accused of "serious violations of human rights". In reply Erdogan has declared plans to freeze accounts of the Minister of Justice of the USA Jeff Sessions and the Interior Minister Ryan Vinke.

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