Economics
Trump Threatens Turkey Sanctions But Isn’t Moving Ahead Yet
- Sanctions could target those involved in human rights abuses
- Trump pulled back some U.S. forces in northern Syria
This article is for subscribers only.
President Donald Trump gave his administration authority to impose new sanctions on Turkey but isn’t moving ahead with them yet, Treasury Secretary Steven Mnuchin said.
“We are putting financial institutions on notice that they should be careful and that there could be sanctions,” Mnuchin said Friday at the White House. “These are very powerful sanctions, we hope we don’t have to use them, but we can shut down the Turkish economy if we need to.”