The Turkish lira has lost more than 40 percent of its value this year and on Monday crashed to an all-time low of 7.24 to the USA dollar, hit by worries over President Tayyip Erdogan's calls for lower borrowing costs and worsening ties with the US.
Turkish vice president Fuat Oktay said on Twitter that the tariffs on certain products were increased "within the framework of the principle of reciprocity in retaliation for the deliberate economic attacks by the United States". Investors have been concerned by his control over the economy, his resistance to raising interest rates to fight double-digit inflation, and an escalating crisis between Turkey and the United States.
But concerns remain about how the crisis will pan out, with Turkish President Recep Tayyip Erdogan in a combative mood, accusing Washington of plotting against his country, and calling for a boycott of United States electronic goods.
The lira -which plummeted to a record low of 7.24 to the dollar at the week's start, rattling global markets-stood little changed at 6.375 after rebounding almost 8 percent overnight.
Washington has imposed financial sanctions on two Turkish ministers and doubled steel and aluminum tariffs on Turkey, as Trump tries to secure the release of Andrew Brunson, a 50-year-old American pastor being tried in Turkey on espionage and terrorism-related charges.
President Donald Trump doubled tariffs on Turkish metals exports to the United States last week prompting Turkey, which says it will not bow to threats, to raise tariffs on USA cars, alcohol and tobacco by the same amount on Wednesday.
The Turkish envoy conveyed the message that pressure and threats would only lead to "chaos" in relations which could only improve after Washington abandons the language of "threats", Cavusoglu said. "If they have iPhones, there is Samsung on the other side, and we have our own Vestel here", he said, referring to the Turkish electronics company, whose shares rose five percent.
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The numbers still need to be verified, ' said a report by the UN Office for the Coordination of Humanitarian Affairs. Communication networks remained largely down in Ghazni, making any information hard to verify.
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He had been expected to make his first appearance for Gloucester in a pre-season friendly against Ulster on Saturday. Gloucester chief executive Steve Vaughan said the club was "very disappointed" to be associated with such episodes.
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In the North West there were 148,000 people unemployed down 6,000 on the previous quarter giving a rate of 4.1 per cent. The decline helps explain why the Bank of England (BoE) increased interest rates this month.
"It's a broad based sell-off across Europe as dealers are anxious about the currency crisis in Turkey, and the cooling of Chinese growth", said market analyst David Madden at CMC Markets UK.
His call met a mixed response on Istanbul streets. Military ties between Turkey and the U.S. are already fraught over Washington's support to Syrian Kurdish fighters known as the YPG, which Ankara sees as little more than an offshoot of the "terrorist" Kurdistan Workers Party (PKK).
"Believe me, if we divert our money to foreign currency. then we will be in the position of having surrendered to the devil", Erdogan said.
The lira strengthened some 4 percent against the dollar, to around 5.75 per dollar. Bank of Ireland fell 1.6pc to €7.36.
USA national security adviser John Bolton on Monday met Turkey's ambassador to the United States to discuss Brunson's detention.
Turkish media reports say a Turkish court has rejected an appeal for the release of an American pastor from detention.
Ankara has repeatedly said the case is up to the courts and a Turkish judge moved Brunson from jail to house arrest in July.