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Turkish lira plunges 15% versus dollar after Trump authorizes doubling.....
CNBC ^ | aUGUST 10, 2018 | Fred Imbert

Posted on 08/10/2018 9:22:12 AM PDT by yoe

rohl...metals tariffs on Turkey

The (The Turkish lira) added to its steep losses on Friday, hitting a fresh record low, after President ( Donald Trump) authorized the doubling of metals tariffs on Turkey.

(Excerpt) Read more at cnbc.com ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: erdogan; kurdistan; lira; receptayyiperdogan; tariffs; turkey; turkeycurrency
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People and countries become dependent on handouts, i.e., welfare in any form....Turkey is apparently no different. This President is seeing to it that his country, America, is fairly treated and treats fairly in return.
1 posted on 08/10/2018 9:22:12 AM PDT by yoe
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To: yoe

BOOM YEOW!


2 posted on 08/10/2018 9:24:17 AM PDT by gr8eman (Since God has been banished from our classrooms, Satan has filled the void.)
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To: yoe

Gee, that’s a shame...


3 posted on 08/10/2018 9:29:56 AM PDT by simpson96
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To: gr8eman
(China should cut its losses in the trade war by conceding defeat to Donald Trump)
4 posted on 08/10/2018 9:40:12 AM PDT by yoe (Mid-term vote for our Constitution.....not Socialism...keep on draining the swamp!)
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To: yoe

The Turkish government has declared war on a Christian pastor. Trump is standing up for the man.

I doubt we will see liberals praise that action.


5 posted on 08/10/2018 9:45:47 AM PDT by SoFloFreeper
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To: SoFloFreeper

How long before Erdogan blames dem JOOOOOOZ?


6 posted on 08/10/2018 9:48:13 AM PDT by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
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To: yoe

Does this mean Bammy gave the turks favorable treatment?


7 posted on 08/10/2018 9:49:08 AM PDT by I want the USA back (If free speech is taken away, dumb and silent we are led, like sheep to the slaughter: G Washington)
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To: yoe

Doesn’t he mean Allah!


8 posted on 08/10/2018 9:52:44 AM PDT by Blue Turtle
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To: yoe

Trump is playing George Soros’s game, but for the people and not for himself.


9 posted on 08/10/2018 10:23:04 AM PDT by tired&retired (Blessings)
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To: yoe

Time to vacation in Turkey. I went there in May and July this year. What a bargain. Even Turkish Air is a cheap flight across the pond.


10 posted on 08/10/2018 10:25:03 AM PDT by tired&retired (Blessings)
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To: yoe

Turkey.

“The weak man of Europe” strikes again.


11 posted on 08/10/2018 10:25:33 AM PDT by RedMonqey ("Those who turn their arms in for plowshares will be doing the plowing for those who didn'tÂ’t.")
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To: RedMonqey

Sick man, not weak man.


12 posted on 08/10/2018 10:32:53 AM PDT by nwrep
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To: tired&retired

Turkey (Ottoman Empire) sided with Germany and fought against the USA in WWI.

Turkey signed a Mutual Aid Pact with France and Britain in 1939 but backed out when Germany invaded France.

In June 1941, after neighboring Bulgaria joined the Axis and allowed Germany to move troops through to invade Yugoslavia and Greece, Turkey signed a non-aggression pact with Germany.

Turkey was an important producer of chromite, which is a key ingredient in the manufacture of stainless steel. Turkey remained neutral so they could sell chromite to both Germany and the allies during the war. Turkey halted its sales to Germany in April 1944 and broke off relations in August.

Turkey declared war on the Axis powers in February 1945 when they saw which way the war was going.

Bottom line.... DON’T TRUST A TURKEY


13 posted on 08/10/2018 10:39:19 AM PDT by tired&retired (Blessings)
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To: gr8eman

The New Ottoman Empire is looking a bt shaky. The one time Sick Man of Europe is getting a fever again.


14 posted on 08/10/2018 10:42:42 AM PDT by arthurus (jongdhjk)
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To: nwrep

I stand corrected.

Thanks!


15 posted on 08/10/2018 10:47:17 AM PDT by RedMonqey ("Those who turn their arms in for plowshares will be doing the plowing for those who didn'tÂ’t.")
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To: tired&retired
I would love to see İstanbul again. A Turkish woman I know says my old neighborhood now is subsumed under the American Hospital that used to stand on the other side of our back wall in Nışantaş in 1954 and the pastoral valley I used to explore wıth my sister three blocks from the house is all high rises now. I found it on Google and it's true.
16 posted on 08/10/2018 10:54:07 AM PDT by arthurus (jongdhjkh)
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To: yoe

This makes me very happy and I don’t mind the temporary hit to my portfolio by Wall Street overreaction.

Trump is serving notice to autocrats worldwide that you will not jail or harm innocent US citizens without consequences. Little rocket man NORK was told in no uncertain terms that we would not permit another Otto Warmbier and he quickly came to the table.

More winning.


17 posted on 08/10/2018 11:20:24 AM PDT by KingofZion
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To: yoe
I worked with an Armenian-American builder years ago who lost family in The Armenian Genocide of 1915. He hated them. He said Turks will offer you a toast that goes “To you your honor’’. And after that he chuckled and added, “Because a Turk has none.’’
18 posted on 08/10/2018 11:33:40 AM PDT by jmacusa (Made it Ma, top of the world!'')
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To: yoe
Erdogan assures that this a false panic, and if there is anything to panic about, its Trump's fault.


19 posted on 08/10/2018 12:06:59 PM PDT by BeauBo
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To: tired&retired
"Time to vacation in Turkey. I went there in May and July this year. What a bargain. Even Turkish Air is a cheap flight across the pond."

Turkey has said it will take reprisal action against the US. I would worry the Turks would start arresting Americans and holding them on any pretext as bargaining chips against the US.

20 posted on 08/10/2018 12:26:47 PM PDT by Truth29
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