The US authorities have decided to double duties on aluminum and steel from Turkey. about this on Twitter American President Donald Trump wrote . “ I have just authorized a doubling of tariffs on steel and aluminum in relation to Turkey... Now the duty on aluminum will be 20%, on steel - 50%,” he clarified.

He also added that the Turkish lira is rapidly declining against a “very strong dollar.” Trump also noted that currently relations between Turkey and the United States are not at the highest level.

On Friday morning, August 10, the Turkish lira fell against the dollar by almost 13% to 5.9 lira. This is a historical low, reports CNBC. Back in April, only four liras were given for a dollar, the TV channel notes. On the evening of August 9, Turkish President Recep Tayyip Erdogan said that fluctuations in the national currency should not bother the population. “There are various campaigns being waged against us - don’t pay attention to them. Don’t forget: the dollar is with them, and our people and our god are with us,” Erdogan said.

In early August, US authorities imposed sanctions against the Minister of Justice and the Minister of Internal Affairs of Turkey. In the spring, Trump promised “large-scale sanctions” against Turkey due to the arrest of American pastor Andrew Brunson in Turkey. He is accused of collaborating with the Kurdistan Workers' Party and the FETO organization. Their activities are prohibited in the republic. Turkish authorities consider FETO to be the organizer of the coup attempt in 2016.

The United States in March introduced additional duties on imports of steel and aluminum from the EU, Russia, Japan and other countries in the amount of 25% and 10%, respectively. The White House explained the need for protective measures in the interests of national security. At the end of June, the EU responded with 25% tariffs on 2.8 billion euros of US goods. Brussels reserved the right to impose duties of 10 to 50% on goods from the United States worth 3.6 billion euros. In turn, Trump announced his readiness to introduce a 20% tariff on all cars imported into the United States if the EU does not abandon its plans. As Bloomberg wrote, this measure could affect $300 billion worth of products. On July 6, Russia responded in a mirror manner to the US protective duties. Economic Development Minister Maxim Oreshkin said that Russia estimates the damage from US duties at $537.6 million per year.

At the beginning of July, $34 billion worth of products from China were also subject to American tariffs. Beijing responded to the US actions in the same way. Trump later promised to impose tariffs on another $16 billion in Chinese goods. In turn, Beijing promised a mirror response on August 23.

Now the World Trade Organization (WTO), due to the introduction of US tariffs, is considering complaints filed by countries such as Russia, China, the EU, Mexico, Canada, Norway and Switzerland.

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The US decided to double duties on aluminum and steel from Turkey