Trump to soon issue sanctions, stop trade deal, and ratchet up tariffs on Turkey
October 15, 2019, 10:16 am

Trump to soon issue sanctions, stop trade deal, and ratchet up tariffs on Turkey

President Trump will halt trade negotiations with Turkey, reimpose steel tariffs. (File photo AFP)

President Donald Trump on Monday said that in response to Turkey’s military operation in Syria he will soon issue an executive order authorizing sanctions against current and former Turkish officials, stop negotiations with Turkey on a $100 billion trade deal, and boost tariffs on Turkish steel to 50 percent.

In a statement in which he vowed to swiftly destroy the Turkish economy if it continues down “this dangerous and destructive path,” Trump also said that US troops coming out of Syria will redeploy and remain in the region to monitor the situation.

“I will soon be issuing an Executive Order authorizing the imposition of sanctions against current and former officials of the Governemnt of Turkey and any persons contributing to Turkey’s destabilizing actions in northEast Syria,” President Trump said in a tweet.

https://twitter.com/realDonaldTrump/status/1183833640507269120

He added in his statement “Since my first day in office, the Trump Administration has worked tirelessly to preserve the safety and security of the United States and its citizens. The United States and our partners have liberated 100 percent of ISIS’s ruthless territorial caliphate. Turkey must not put these gains in jeopardy. Turkey must also prioritize the protection of civilians, particularly vulnerable ethnic and religious minorities in northeast Syria. Indiscriminate targeting of civilians, destruction of civilian infrastructure, and targeting of ethnic or religious minorities is unacceptable. Additionally, the return of refugees must be conducted in a safe, voluntary, and dignified manner.”

“Turkey’s military offensive is endangering civilians, and threatening peace, security, and stability in the region. I have been perfectly clear with President Erdogan: Turkey’s action is precipitating a humanitarian crisis and setting conditions for possible war crimes. Turkey must ensure the safety of civilians, including religious and ethnic minorities, and is now, or may be in the future, responsible for the ongoing detention of ISIS terrorists in the region. Unfortunately, Turkey does not appear to be mitigating the humanitarian effects of its invasion,” read the statement.

President Trump said “I am fully prepared to swiftly destroy Turkey’s economy if Turkish leaders continue down this dangerous and destructive path.”

source:Reuters

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.