Turkey Slaps Additional Tax on U.S. Goods

The video discusses the escalating economic tensions between Turkey and the US, highlighting speeches from leaders and Turkey's response with increased tariffs on US goods. It explores Turkey's potential shift away from NATO alliances, with meetings involving Russia and Qatar. The focus then shifts to Turkey's central bank and the pressure to address foreign debt, with significant bonds due by the end of 2019. The Turkish lira's depreciation and its impact on the economy are also examined.

What was the Turkish government's response to the economic tensions with the United States?

• They sought financial aid from the U.S.

• They imposed sanctions on U.S. companies.

• They increased tariffs on U.S. goods.

• They reduced tariffs on U.S. goods.

Which countries did Turkey engage with as part of its shift in international relations?

• Russia and Qatar

• China and India

• Germany and France

• Brazil and Argentina

What is the main focus of the Turkish central bank amid the economic tensions?

• Increasing foreign investments

• Reducing inflation rates

• Expanding domestic loans

• Managing foreign currency bonds

How much foreign debt is Turkey expected to repay by the end of 2019?

• $25 billion

• $16 billion

• $10 billion

• $20 billion

What has been the impact on the Turkish lira due to the economic tensions?

• It has lost over 30% of its value.

• It has gained 10% in value.

• It has fluctuated slightly.

• It has remained stable.