President Donald Trump said Friday he’s authorized doubling tariffs on imports of Turkish steel and aluminum, as he railed anew at protesting NFL players on Twitter from his vacation in New Jersey.
U.S.-TURKEY RELATIONS ‘NOT GOOD’
In a Twitter post, Trump said tariffs on Turkish aluminum would be 20%, and on steel, 50%. He said he authorized the move as the Turkish lira USDTRY, +17.6037% slides “rapidly downward” against the U.S. dollar. The lira fell more than 18% against the dollar Friday morning, the biggest loss since February 2001. U.S. stocks DJIA, -0.71% slumped.
Read: Trump says he’s doubling Turkish tariffs as lira slides.
The U.S.-Turkey relationship has been deteriorating, with the Treasury Department last week announcing sanctions on two officials over the detention of American pastor Andrew Brunson. He denies charges of espionage. “Our relations with Turkey are not good at this time!” Trump tweeted — just weeks after reportedly praising President Recep Tayyip Erdogan at a meeting of NATO leaders.
NEW ATTACK ON NFL PLAYERS
Trump opened a fresh attack on NFL players on Twitter, following protests by some at Thursday night preseason games.
The athletes have said their protests, such as taking a knee, are intended to draw attention to what they say is bias against people of color. Trump said the football players were “at it again,” protesting “when they should be standing proudly for the National Anthem.” Players are required to stand during the national anthem under a new NFL policy announced earlier this year, but they have the option of remaining in the locker room while the song is played.
See: NFL players union files grievance over new national-anthem policy.
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