Erdogan Appeals to Turks on Lira, Citing 'Interest Rate Lobby'

President Erdogan's speech in Turkey focused on local issues but touched on economic challenges, urging citizens to convert foreign savings to lira. He described Turkey as facing economic warfare, which did not reassure international markets. Concurrently, US tariffs on Turkish steel and aluminum exports are expected to negatively impact Turkey's trade deficit and economy, exacerbating existing vulnerabilities.

What impact did President Trump's tariffs on steel and aluminum have on Turkey's economy?

In what ways has the Turkish lira been affected by recent political tensions and economic policies?