Trump, Turkey, tariffs and the state of global trade

Washington slaps tariffs on Turkey. The Trump administration’s trade fights, using national security as the justification.


Flags of the United States and Turkey
Flags of the United States and Turkey

Trouble in Turkey. The Turkish currency, the lira, is sinking. The stock market reacts. Investors are nervous. Will the troubles spread to other emerging markets?

On top of that, the United States hit Turkey with new tariffs last Friday, just one of the Trump administration’s many trade battles. And the president is unhappy with the referee in these dealings, the World Trade Organization.

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