Economics
U.S. Poised to Sanction Turkey as Syria Incursion Escalates
- Sanctions could come as soon as Monday, targeting individuals
- Administration also mulling penalties aimed at arms supplies
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The U.S. is poised to impose sanctions on Turkey as soon as Monday in response to the nation’s advance into Syria, according to people familiar with the matter, days after President Donald Trump cleared the way for Turkey to launch its offensive by pulling American forces from the area.
The initial round of penalties would most likely be aimed at a wide range of individuals and was prepared for Trump’s approval, according to one of the people. The departments of State, Defense and Treasury worked over the weekend to draft the terms, the people said.