ERDOGAN: TURKEY WON’T SURRENDER TO US

ANKARA— Turkish President Recep Tayyip Erdogan declared on Saturday that his country would not be cowed by the United States, his latest broadside in an escalating feud with Washington.

“We will not surrender to those who present themselves as a strategic partner while at the same time trying to make us a strategic target,” Erdogan said at a congress of his ruling Justice and Development Party (AKP).

‘Wewill defy you’

“Some people threaten us with economy, sanctions, foreign currency exchange rates, interest rates and inflation. We know your shenanigans and we will defy you.”

Last week, US President Donald Trump doubled the tariffs on aluminium and steel tariffs from Turkey, prompting Ankara to sharply hike tariffs on several US products.

And Turkey on Friday threatened to respond in kind if Washington imposed further sanctions, while a court rejected another appeal to free American pastor Andrew Brunson, whohas been held in Turkey for almost two years on terror charges.

Lira freefall

The lira has nosedived against the dollar, dropping as much as 20 percent on one day last week.

It sunk to a low of well over seven to the dollar earlier this week but was trading at just over six to the dollar on Friday—a loss of 40 percent since the start of the year.

The collapse of the currency has been blamed both on the tensions with the United States and Erdogan’s increasing hold on Turkey’s economy and his refusal to allow the central bank to raise interest rates.

Cross-border operations

Meanwhile, Erdogan told the AKP congress that Turkey would press on with and expand its cross-border military operations.

Turkey sent troops into northern Syria two years ago to fight against the Kurdish People’s Protection Units (YPG).

The YPG forms the backbone of the Syrian Democratic Forces that has received US support in the battle against the Islamic State group.—