Last updated on September 5th, 2018
The United States has foreboded to impose further sanctions on Turkey, following a diplomatic spat with Ankara. An American Christian Evangelical pastor was detained in Ankara on terrorism charges, with the US seeking his release at the earliest.
During a cabinet meeting, Treasury Secretary Steven Mnuchin hinted that the retaliation sanctions were edging near, intensifying the wrangle that has flustered the financial markets, if Turkey extends the detention of Andrew Brunson.
“We have imposed sanctions on many of their cabinet members,” said Mnuchin. “further, there is much more that we are planning to do if they don’t release him quickly.”
US President Donald Trump seconded Mnuchin’s statements by calling Turkey a-not-so-good friend to the US. He also tweeted that the clergyman, who has been held since 2016 during a government crackdown, following a failed coup bid, was a “great patriot” being held hostage.
It seems that the US got miffed as Turkey reassured investors who were loosing confidence post sanctions-fueled crash of the Turkish lira. Turkish authorities insisting the country would come out stronger.
Turkey, in the meantime, has pledge to take an earnest step to counter if US puts further sanctions over Brunson’s detention.
“We’ve already responded based on the World Trade Organization rules and will continue to do so,” Trade Minister Ruhsar Pekcan said.