On August 10, US President, Donald Trump announced the lifting of additional economic sanctions against Turkey. The decision is related to the detention of American Pastor Andrew Brunson who faces terrorism charges and up to 35 years in prison if found guilty.
Regarding the Brunson case, the USA first ordered immediate released in early August, but Turkey refused. As a result, Trump has risen taxes on Turkish imports, and then Turkey answered by freezing assets of 2 US ministers. On August 10, Trump double metals tariffs on its NATO ally provoking the fall of the Turkish lira. The local currency has lost 40 percent of its value against the U.S. dollar in 2018.
