Erdogan Tells Turks to Buy Plunging Lira As Trump Doubles Metals Tariffs

According to Reuters, President Tayyip Erdogan told Turks on Friday to exchange gold and dollars into lira as the country’s currency plunged as much as 14 percent.
Erdogan’s statement is on worries about his influence over monetary policy and worsening relations with the United States.
U.
S.
President Donald Trump said he had authorized higher tariffs on imports from Turkey, imposing a 20 percent duty on aluminum and 50 percent one on steel. Watch video for more details.