US plans to hit Turkey with more sanctions if Turkey refuses to free jailed pastor
The United States has warned Turkey to expect more economic sanctions unless it release and hands over detained
American pastor Andrew Brunson, as relations between the two countries
go haywire.
US Treasury Secretary Steven Mnuchin on Thursday assured President Donald Trump at a Cabinet meeting that sanctions were ready to be put in place if Brunson was not freed.
The United States and Turkey have exchanged tit-for-tat tariffs in an escalating attempt by Trump to
induce Turkish President Tayyip Erdogan into giving up Brunson, who
denies charges that he was involved in a coup attempt against Erdogan
two years ago.
In a tweet later on Thursday, Trump said the United States “will pay nothing” for Brunson’s release, “but we are cutting back on Turkey!” He called Brunson “a great patriot hostage.”
Ankara also wanted Washington to hand over Turkish cleric Fethullah Gulen, who lives in Pennsylvania and who Turkey suspects of plotting the coup against Erdogan. Gulen denies the allegations.
The dispute over Brunson and other frictions between Washington and Ankara have been one reason the Turkish lira has plunged 40 percent this year. Investors also fret over Erdogan’s influence over monetary policy.
The lira lost strength after Mnuchin’s remarks.
Trump, who has doubled steel and aluminum tariffs on Turkey, said the steel tariffs had kicked in and the aluminum tariffs would take effect soon.
US Treasury Secretary Steven Mnuchin on Thursday assured President Donald Trump at a Cabinet meeting that sanctions were ready to be put in place if Brunson was not freed.
We have more that we are planning to do if they don’t release him quickly, Mnuchin said during the meeting.
They have not proven to be a good friend, Trump said of Turkey during the Cabinet meeting. They have a great Christian pastor there. He’s an innocent man.
In a tweet later on Thursday, Trump said the United States “will pay nothing” for Brunson’s release, “but we are cutting back on Turkey!” He called Brunson “a great patriot hostage.”
Ankara also wanted Washington to hand over Turkish cleric Fethullah Gulen, who lives in Pennsylvania and who Turkey suspects of plotting the coup against Erdogan. Gulen denies the allegations.
The dispute over Brunson and other frictions between Washington and Ankara have been one reason the Turkish lira has plunged 40 percent this year. Investors also fret over Erdogan’s influence over monetary policy.
The lira lost strength after Mnuchin’s remarks.
Trump, who has doubled steel and aluminum tariffs on Turkey, said the steel tariffs had kicked in and the aluminum tariffs would take effect soon.