Economics
Mnuchin Says Turkey Faces More Sanctions If Pastor Not Released
- Trump says U.S. helped free Turkish citizen in unnamed country
- Erdogan moved to bolster alliances in Europe and Middle East
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Treasury Secretary Steven Mnuchin said the U.S. is ready to slap Turkey with more sanctions if President Recep Tayyip Erdogan refuses the quick release of an American pastor, escalating a diplomatic rift that has roiled global financial markets.
“We put sanctions on several of the Cabinet members,” Mnuchin said Thursday during a Cabinet meeting at the White House. “We have more that we’re planning to do if they don’t release him quickly.”