Court rejects appeal for American pastor's release from detention, Turkish media says

Ivan Schwartz
August 15, 2018

The decree, signed by President Recep Tayyip Erdogan, raised the tariffs on passenger cars to 120 percent, on alcoholic drinks to 140 percent and on leaf tobacco to 60 percent. Other affected products include fruit, coal, paper and rice.

Meanwhile, the lawyer representing Andrew Brunson, the American pastor at the center of the dispute, renewed an appeal for his release from house arrest and for a travel ban imposed on him to be lifted.

Donald Trump doubled import duties on steel and aluminium as part of fresh sanctions on the country last Friday.

Retail investors in Turkey are understood to have sold $50m (£39m) to $60m in foreign currency with the jump in the lira exaggerated by thin trading volumes, according to Bloomberg.

On Tuesday, he said Turkey would boycott us electronic products.

"Together with our people, we will stand decisively against the dollar, forex prices, inflation and interest rates".

The United States was the fourth largest source of imports to Turkey previous year, accounting for $12 billion of imports, according to International Monetary Fund statistics.

The United States and Turkey also have diverging interests over Syria, which is enmeshed in a protracted civil war.

"We will implement a boycott against America's electronic goods", Erdogan told the conference.

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Mr Erdogan suggested Turkey would stop procuring US-made iPhones and buy Korean Samsung or Turkish-made Vestel devices instead.

But on Wednesday the lira rallied 6 percent to below 6.0 against the greenback, boosted by a banking watchdog move on swap transactions and expectations of improved Turkey-EU ties after Turkey released two Greek soldiers detained since March. But neither side has backed down, with Erdogan invoking Turkey's past of supporting the United States in times of need, including America's war in Afghanistan.

The move comes after US President Donald Trump announced last week that the United States was doubling steel and aluminium tariffs on Turkey, as the two North Atlantic Treaty Organisation allies quarrel over Brunson's detention.

Erdogan on Tuesday maintained that Turkey's economy was under attack and that the currency turmoil did not reflect its strength.

Lavrov, alongside Turkish Foreign Minister Mevlut Cavusoglu, also declared, "We are at a turning point, without exaggeration, in world history" from dominance by a single power toward a multipolar environment.

Erdogan described USA sanctions as an "economic attack" doomed to fail because "Turkey has one of the most solid banking systems in the world in all respects".

Brunson filed a new petition for release on Tuesday, asking a Turkish court to "prevent unlawful political interventions by lifting judicial control provisions on the defendant".

Businesses that earn revenues in lira and have dollar loans are also struggling.

The evangelical pastor, who is originally from Black Mountain, North Carolina, has lived in Turkey for 23 years and led the Izmir Resurrection Church.

Other reports by GizPress

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