USA prepared to add sanctions on Turkey if pastor not released

USA prepared to add sanctions on Turkey if pastor not released

Turkey's battered lira weakened 5 percent on Friday after a Turkish court rejected an American pastor's appeal for release, drawing a stiff rebuke from President Donald Trump who said the United States would not take the detention "sitting down".

The pastor's appeal had been rejected by a lower court and was sent to the higher court, Brunson's lawyer Ismail Cem Halavurt said, according to Anadolou.

Mr Brunson is being held in a Turkish jail for allegedly supporting a group that Ankara blames for an attempted coup against Mr Erdogan in July 2016, a charge he fiercely denies.

During a Cabinet meeting Thursday, Trump had harsh words for the North Atlantic Treaty Organisation ally saying, "They have not proven to be a good friend". "He's not a spy".

When Kilic sought to tie conditions to Brunson's release, Bolton waved them aside and said there would be no negotiations.

"We will turn this crisis into an opportunity", said Erdogan's spokesman Ibrahim Kalin after a cabinet meeting chaired by the president, saying measures taken so far had helped bring about a "rapid improvement process" over the last two days.

"Certainly it has been a very dramatic war of words between Ankara and Washington and Trump has made no bones about the financial repercussions that the United States is willing to undertake".

Turkey's currency nosedived last week after Mr Trump doubled tariffs on Turkey's steel and aluminium exports to 50% and 20% respectively. It's not clear how much more they'd be willing to contribute if the U.S. just keeps making things worse.

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Trump later tweeted that the U.S. "will pay nothing" for the release "but we are cutting back on Turkey!".

As The New York Times reports, "The sum is a small fraction of what Turkey would need to shore up its faltering economy or pay its dollar debts, which have become increasing unsustainable after a sharp decline in the Turkish lira".

Turkey retaliated with 533 million dollars (£419 million) of tariffs on some United States imports - including cars, tobacco and alcoholic drinks - and said it would boycott U.S. electronic goods.

President Trump is ramping his attacks up on Turkey, claiming the country has taken advantage of the US for many years.

Albayrak said the government aimed at making Turkey an investment center in the region.

"Turkey's currency has bounced back from record lows after a lifeline from Qatar".

Turkey is calling for the extradite a Pennsylvania-based Muslim cleric accused engineering a 2016 coup attempt.

Although Qatar has now pledged $15 billion it has not actually paid anything, and it may not be enough to solve Turkey's economic problems.

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