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Turkey's currency drops after Trump announces hikes on aluminum, steel tariffs

Global News
Turkey's currency drops after Trump announces hikes on aluminum, steel tariffs

A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 13 per cent in one day, to 6.51 per dollar