Trump announced a two-fold increase in import duties on steel and aluminum for Turkey

US President Donald Trump said on Twitter that he had approved a double increase in import duties on aluminum and steel for Turkey. Duty on steel increased to 20%, on aluminum - up to 50%. Against this backdrop, the Turkish lira fell by more than 12% on Friday to a record low of 6.31 lire per $1. Last week, the US decided to impose sanctions on the head of the Turkish Ministry of Justice Abdulhamit Gül and the Interior Minister Suleiman Sile in response to the detention of US citizens in Turkey, including US pastor Andrew Branson. In Turkey, Branson is accused of involvement in an attempted coup in 2016.

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