The Trader 

Market Outlook: Trump targets Turkey

The Trader

After suddenly pulling US troops out of war torn Syria last week, having Tweeted that: ‘’GOING TO THE MIDDLE EAST IS THE WORST DECISION EVER MADE...’’, Turkish armed forces felt they were given the green light to attack Kurdish ‘terrorists’ (their term) on the border with Syria. Yesterday the US President imposed sanctions against Turkey’s defence, energy and interior ministers, reports the Financial Times. It is also reviewing export licences of weapons to Turkey, impose tariffs on steel, and halt further trade negotiations. It will apply sanctions to financial institutions that carry out transactions with certain individuals and government departments.

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