Turkish Currency Lira lost 20%

President Donald Trump doubles US tariffs on Turkey's steel and aluminum As a result, Turkish lira rates have increased.

In a tweet, Trump said Turkey's currency is weaker than 'our very high dollar' and 'the relationship between the United States and Turkey is not good at this time'.

According to the BBC, Turkey's President Recep Tayyip Erdouan said in a speech that this fall is part of a 'campaign' driven by foreign power.

Turkey warns against retaliation of US taxation.

The Turkish Foreign Ministry said in a statement that the United States should know that a ban will come from such restrictions and pressure ... will harm the relationship as an allies.

There are differences between these two NATO members - how to fight against the Islamic State group, the action of Ankara's plan to purchase Russian missile defense and punishment of heroes of Turkey's failed failed coup in 2016.

Recently, President Trump has imposed restrictions against some top Turkish officials for blocking a US picnic on charges of terrorism and espionage in Turkey.

Lira lost about 20 percent in the last 24 hours. Last year, Liara lost 40 percent more.

In a TV speech on Friday, Erdovan announced it 'financial war' on Friday to exchange foreign currency and gold with Lira.

In response to this conflict, the world's currency market was the lowest in 13 months and pushed the dollar to one year's highest rate.