Turks film themselves smashing iPhones amid US-Turkey trade war

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They want to hold our wonderful pastor. "He's an innocent man".

During a Cabinet meeting Thursday, Trump had harsh words for the North Atlantic Treaty Organisation ally saying, "They have not proven to be a good friend".

Turkey had already retaliated against Trump's first round of tariffs on steel and aluminum imports that were imposed on the European Union in late May, ending a two-month exemption.

BNP Paribas/TEB strategist Erkin Isik said Trump's comments and worries over further sanctions were likely to keep markets under pressure on Friday.

"Aluminium will now be 20 percent and steel 50 percent".

U.S. Treasury Secretary Steven Mnuchin said Thursday that Washington has more sanctions ready if Turkey refuses to release terror-linked pastor Andrew Brunson, according to a report by Bloomberg. Turkey retaliated with some $533 million of tariffs on some US imports - including cars, tobacco and alcoholic drinks - and said it would boycott USA electronic goods, singling out Iphones.

Ankara hit back with duties of up to 140% on alcohol, 120% on cars and a boycott of electronic products, including the iPhone.

Tariffs were also imposed on other USA goods, including cosmetics, rice and coal.

Turkey took the action in response to what it called the Trump's administration's attack on its economy.

The United States on Wednesday imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions aimed at pressuring North Korea to end its nuclear programs.

"We will not give in, if you come at us with your dollars then we will find other ways to do business".

This, in turn, means that 41.09 million projected smartphone users in Turkey till past year out of which 7.15 million of them use iPhones.

Analysts also said the political cost of the investment remained to be seen, given that Qatar is also a USA ally and dependent on Washington for both military and political protection.

The Eurasian country's president, Recep Tayyip Erdogan, announced on Tuesday that he would be calling for a boycott of all American electronics sold to the country's residents.

Erdogan thanked the emir and the people of Qatar for "standing by Turkey", the official Anadolu news agency reported. He said relations with Qatar, which he described as a "friendly and brotherly country", would be boosted in many areas.

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