The White House rejected Turkey's offer to release an American pastor in exchange for forgiveness of billions of dollars in USA fines on a Turkish bank, expressing that other matters would be considered only after Andrew Brunson is released, a senior administration official told The Wall Street Journal.
The White House rejected Turkey's offer to release detained American pastor Andrew Brunson in exchange for the US dropping an investigation into Turkish bank Halkbank, a senior White House official told the Wall Street Journal on Sunday.
Trump has said he had doubled the tariffs on aluminum and steel tariffs from Turkey, prompting Ankara to sharply hike tariffs on several United States products. In retaliation, Turkey fired back with tariffs on USA cars, alcohol, cosmetics. The rating agency downgraded the rating by one notch to B+ from BB- and kept Turkey's outlook at stable in a move which came after the lira lost some 40 percent of its value against the dollar this year.
"They were not able to make us collapse and they will never be". Erdogan said his country will stand strong against an "attempted economic coup" amid heightened tensions with the United States.
Turkish President Tayyip Erdogan speaks during the sixth Congress of the ruling AK Party (AKP) in Ankara, Turkey, August 18, 2018.
"God willing, we will give the world a different message with our congress that we convene for the first time under the new system", Erdogan said.