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Trump has imposed tariffs on imports of Turkish steel and aluminum in response to Erdogan’s refusal to free Brunson, raising concerns of economic damage in Europe and in emerging market economies. “I’m not concerned at all. I’m not concerned. This is the proper thing to do,” he said, when asked about the potential damage to other economies. Trump said Erdogan had wanted the Turkish citizen returned from Israel. Trump and Erdogan met in Brussels for a NATO summit in mid-July where they discussed Brunson’s case and what could be the way forward to release the pastor, a senior White House official said earlier.
Turkey had sought U.S, help to persuade the Israelis to release a Turkish woman who was being held in Israel, the senior official said, In exchange Turkey would release Brunson and other Americans being held in Turkey, Trump said he kept his side of the bargain, “I got that person out for him, I expect him to let this very innocent and wonderful man and great father and great Christian out of Turkey,” Trump said, The dispute threatens to intensify a split between bride & grooms cufflinks the United States and Turkey, a key NATO ally that plans to buy Russian missiles..
Israel, which confirmed that Trump had requested Ebru Ozkan’s release, deported her on July 15. Ankara has denied ever agreeing to free Brunson in return. Trump added: “I like Turkey. I like the people of Turkey very much. Until now I had a very good relationship as you know with the president. I got along with him great. I had a very good relationship. But it can’t be a one-way street. It’s no longer a one-way street for the United States.”. Trump drew a barrage of criticism at home and abroad after he stood side by side with Russian President Vladimir Putin at a July 16 summit in Helsinki and cast doubt on his own intelligence agencies’ findings that Russia meddled in the 2016 U.S. elections.
In the Reuters interview, he ticked off areas that he discussed privately with Putin, including security for Israel, Syria and Russia’s annexation of bride & grooms cufflinks Crimea and incursion into eastern Ukraine, and the Nord Stream 2 pipeline from Russia to Germany that will supply natural gas to Germany, Trump said Putin did not raise with him the issue of U.S, sanctions on Russia but that he would consider lifting them if Russia took steps on such areas as Syria or Ukraine, “I would consider it if they do something that would be good for us, But I wouldn’t consider it without that,” he said..
Turning to Iran, Trump showed little interest in meeting Iranian President Hassan Rouhani to discuss the dispute over Iran’s nuclear program after earlier this month expressing a willingness to do so. The Iranians, including Supreme Leader Ali Khamenei, have dismissed the offer. Trump said it did not matter to him whether he met Iran’s leaders and that there had been no U.S. outreach toward Iran to discuss talks. Trump’s withdrawal of the United States from the nuclear deal between Iran and world powers earlier this year has raised tensions between Washington and Tehran.
“If they want to meet that’s fine, and if they don’t want to meet, I couldn’t care less,” he said, Trump cast doubt on whether he will meet Chinese President Xi Jinping during an international Asia-Pacific summit in Papua New Guinea in November, Trump again talked up the warmth of his relationship with Xi, but said little progress has been made on his drive bride & grooms cufflinks to rebalance the U.S.-Chinese trade relationship, “Maybe, I’m not sure that it’s been set up yet, We’ll see,” he said, when asked about a possible meeting with Xi..
(Reuters) - U.S. President Donald Trump said on Monday he was “not thrilled” with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies. JUAN PEREZ, SENIOR CURRENCY TRADER, TEMPUS, INC., WASHINGTON. “The U.S. dollar’s safe-haven role may be fading as improving economic indicators such as GDP in the euro zone and inflation across the Atlantic naturally are pushing up the buck’s main rivals. Additionally, Trump’s comments on the Fed’s hike path look like an attempt to do the exact thing we are accusing others of doing: purposeful depreciation based on intervention. We see tough times for the dollar ahead as economic momentum helps other currencies recover and negative language influences a drop of dollar strength.”.
KEITH LERNER, CHIEF MARKET STRATEGIST, SUNTRUST ADVISORY SERVICES, ATLANTA, “The news is that (Trump) continues to express concerns about how interest rates affect the economy, He’s jawboning the Fed a little bit, I still think the Fed will remain independent, I think the market will pay more attention to the Fed minutes than what comes out of the administration on interest rates.”, JOHN CANAVAN, MARKET STRATEGIST, STONE & MCCARTHY RESEARCH ASSOCIATES, NEW YORK, “This is helping Treasury prices to go out at the highs late today, The overall market reaction is muted given the late summer trading volume, Still they should provide some support for overseas trading, This should push U.S, five-year and 10-year yields to go below levels which have held since June, bride & grooms cufflinks Bond futures prices are testing best levels since June after these comments from President Trump, I don’t think they will shape rate expectations very much, I don’t think the Fed and Chairman (Jerome) Powell will be susceptible to be pushed around by Trump’s comments, They are not new or surprised because Trump has said he’s a ‘low-rate’ guy.”..
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