President Donald Trump says the United States has decided to increase tariff rates on Turkish steel and aluminum.
Trump announced the action Friday on Twitter.
The tariff for steel imported from Turkey will now be 50 percent. Import taxes for aluminum will be 20 percent. That is two times the level announced earlier this year in March.
The United States is the biggest destination for Turkish steel exports. Turkey answered the March tariff announcement by placing its own tariffs on $267 million of U.S. goods.
Turkey said it would respond to the new U.S. tariff action "without delay" and warned the move would further harm relations between the two countries.
Trump tweeted that the latest tariff decision came as Turkey's currency, the lira, slides rapidly downward against our very strong Dollar.
The lira's value fell about 13 percent against the dollar on Friday. The currency is down about 40 percent so far this year.
Economic experts believe the sharp fall of the lira is mainly because of concerns about the government's economic policies. The weakened currency's value has helped increase inflation and worried international investors.
Turkish President Recep Tayyip Erdogan won another term in office in June with expanded powers.
He has said Turkey's economy remains strong, noting a 7.4 percent growth rate in the first three months of this year. But some investors fear the Turkish economy is growing too quickly and could face problems.
Erdogan has been putting pressure on the central bank not to raise interest rates in an attempt to help borrowers. But experts argue that the central bank should instead raise interest rates to ease inflation and to support the currency.
Erdogan has blamed outside forces for trying to bring down Turkey's economy. On Friday, he said the country had to take steps in answer to those who have waged an economic war against us. He urged Turkish citizens to immediately exchange their gold and dollars for lira.
In his tweet about the new tariffs, Trump said Our relations with Turkey are not good at this time!
One of the difficult issues affecting U.S.-Turkish relations is a dispute over an American clergyman who has been jailed in Turkey since December 2016.
Turkey has accused Andrew Craig Brunson of spying and committing crimes on behalf of terror groups without being a member. Brunson is on trial and faces up to 35 years in prison if he is found guilty.
The United States placed sanctions on two Turkish officials earlier this month because of Brunson's case.
Erdogan said Turkey is not afraid of outside threats. He added that the country will continue to enjoy good economic relations with several major nations. These include places from Iran, to Russia, to China and some European countries, he said.
On Friday, Erdogan spoke by telephone with Russian President Vladimir Putin. A Russian government statement said the two discussed economic and trade ties, including the success of several joint projects.
I'm Bryan Lynn.
1.interest rate 利率
The Federal Reserve lowered interest rates by half a point.
2.central bank 央行
Mary banked $5,000 at the Central Bank.
玛丽在中央银行存了5 000美元 。
3.in answer to 回应……，回答
In answer to such an obvious question, Krugman parrots his usual line: free markets and deregulation.
4.take step 采取行动
If we do not take step immediately, some one will beat us to it, which means big loss for us.
5.Turkey has accused Andrew Craig Brunson of spying and committing crimes on behalf of terror groups without being a member.
on behalf of 代表
He spoke on behalf of all the members of the faculty and staff.
On behalf of my Government I have the honour to make to you the following communications.
土耳其出口到美国的钢铁现在将为50%，而铝制品将为20% 。这是今年三月关税水平的2倍 。
美国是土耳其钢铁最大的出口国 。土耳其对3月关税宣告的回应是：对美国价值2.67亿美元的商品加征关税 。
周五，里拉兑美元汇率下降了近13% 。而今年到目前为止，里拉已贬值近40% 。
经济专家认为，里拉的快速下滑主要是因为有人担心土耳其政府的经济政策 。里拉疲软的现状将助长通货膨胀，让国际投资者更加望而却步 。
土耳其总统埃尔多安(Recep Tayyip Erdogan)于6月赢得了下一届任期，权力也愈发扩大 。
埃尔多安曾表示，土耳其经济一直走势强劲，今年第一季度增长了7.4% 。但一些投资者担心土耳其经济增长过快会有问题 。
埃尔多安一直在向央行施压，要求其不要增长利率，目的是帮助借贷者 。但有专家认为，央行应该增加利率，这样才能缓解通胀，助力里拉增值 。
埃尔多安责怪外界势力企图打垮土耳其经济 。周五，埃尔多安表示，土耳其必须采取行动，应对向土耳其发动经济战争的人 。他敦促土耳其市民立即将黄金和美元兑换成里拉 。
此人名为布伦森，土耳其控诉此人从事间谍活动，而且虽然并非恐怖组织成员，却为恐怖组织作恶 。布伦森正在受审，如果定罪可能入狱35年 。
埃尔多安表示，土耳其并不害怕外界的威胁 。他还补充说，土耳其将继续保护与几个大国的良好经济关系 。其中包括伊朗、俄罗斯、中国以及一些欧洲国家，他如是说道 。
本周五，埃尔多安与俄罗斯总统普京通了话 。俄罗斯政府发表的一份声明指出，双方讨论了经济和贸易关系，包括几个联合项目的成功 。
布莱恩 林恩(Bryan Lynn)为您播报 。