The Turkish Trade Ministry called the move "illegal", pointing to the World Trade Organization (WTO) rules. The currency is currently down 13.5% against the United States dollar, after a brief 20% fall, resulting from a Trump tweet that declared, "Aluminum will now be 20% and Steel 50%", and concluded: "Our relations with Turkey are not good at this time!" "The entire Turkish public is against United States policies that disregard Turkey's legitimate security demands", Kalin, also a spokesperson for Erdogan, wrote for the pro-government Daily Sabah newspaper. The sanctions target Turkey's minister of justice and minister of interior, whom the White House said played leading roles in the arrest and detention of 50-year-old Brunson. He denies the charges. In response to Turkey's tightening embrace of Russia, Congress slapped a hold on delivery of F-35s to the Turkish air force, for fear that the Russians would be invited to examine the world's most advanced stealth warplane.
A Turkish delegation returned from a meeting with Trump administration officials in Washington on Thursday with no apparent progress on a conflict over an American pastor who has been detained in Turkey for almost two years.
Turkey, home to the Incirlik air base which is used by United States forces in the Middle East, has been a North Atlantic Treaty Organisation member since the 1950s.
"If you advance upon us by the dollar, we will look for other means to carry on our business", he added. "Relations with countries who behave like this have reached a point beyond salvaging", said Erdogan, who warned of "economic war".
A Financial Times report said the European Central Bank was anxious that Turkish citizens would start defaulting on their loans.
"They have been trying to achieve what they failed to do through provocations and a coup attempt with money now", he said.
Jay Sekulow, an attorney for Trump who is also representing Brunson's family, told talk-show host and political commentator Sean Hannity's radio program on Friday: "We're close to getting a resolution in that case".
Without naming countries, Mr Erdogan said supporters of a failed military coup two years ago, which Ankara said was organised by a US-based Muslim cleric, were attacking Turkey in new ways since his re-election two months ago.
USA to Increase Tariffs on Turkish Aluminum, Steel
Erdogan has been putting pressure on Turkey's central bank to not raise interest rates in order to keep fueling economic growth. Deteriorating ties between the US and Turkey - both North Atlantic Treaty Organisation members - have also alarmed investors.
Positive Update On Ramsey Ahead Of Premier League Opener
I've said many time that I'm not a special guy but I am so good at working, working, working, and they have to work too'. Maybe Liverpool , Arsenal, Tottenham and Chelsea can do their job better - but if we do our job, we will be there.
Manchester City too strong for Arsenal and Unai Emery
We were the best last season, definitely, there is no doubt about it. "I'm not rigid to stick to one formation or way of playing". Emery now has a clear sense of the task he faces, throwing his arms in the air in frustration as the goals were conceded.
Pakistan's Imran Khan to be sworn in as PM August 18 - party
The Election Commission said a notification will now be issued for Khan's victory from the NA-53 constituency in Islamabad . It was being speculated that Khan would take the oath prior to Pakistan's Independence Day celebrations on August 14.