U.S. tariffs to stay on Turkey, Qatar offers Ankara aid [Reuters (UK)]
Toronto Dominion Bank (The) (TD)
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Source: Reuters
Qatar to aid Turkey, currency rallies but U.S. says tariffs to stay | Reuters 5 Min Read ISTANBUL/WASHINGTON (Reuters) - The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged $15 billion in investment to Turkey, supporting a rise in the Turkish lira. The White House stance appeared to give Turkish authorities little incentive to work for the release of Andrew Brunson, a pastor on trial in Turkey on terrorism charges and whose case Turkish officials have said was a matter for the courts. The dispute is one of several between the NATO allies, including diverging interests in Syria and U.S. objections to Ankara’s ambition to buy Russian defense systems, that have contributed to instability in Turkish financial markets. While the Brunson matter appeared far from being resolved, Turkish President Tayyip Erdogan got a shot in the arm from Qatar’s Emir, who approved a package o
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- 4/25/24 - Form 424B2
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- TD's page on the SEC website