iPhone 7 smartphone | REUTERS/Lucy Nicholson
Turks expressed differing opinions on Tuesday (August 14) after President Tayyip Erdogan called on the nation to boycott electronic products from the United States, particularly iPhones, retaliating in a dispute with Washington that has helped drive the lira to record lows.
Hours after Erdogan‘s call, iPhone user Ayse Orga bought a new phone for herself at a bazaar selling electronics. Shopkeeper Umit Yilmaz voiced support for Orga.
“I have a 16-year-old daughter. Take her iPhone away from her, if you can,” Yilmaz said.
Another shopkeeper, Arif Simsek disagreed.
“We fully support this decision. We supported him with our lives on July 15 and now we will support him with our goods,” Simsek said, referring to the failed coup attempt in July 2016.
The lira has lost more than 40 percent this year and crashed to an all-time low of 7.24 to the dollar early on Monday (August 13), hit by worries over Erdogan‘s calls for lower interest rates and worsening ties with the United States.
The weakness of the Turkish currency has rippled through global markets. Its drop of as much as 18 percent on Friday (August 10) hit U.S. and European stocks as investors fretted about banks’ exposure to Turkey.
Erdogan says Turkey is the target of an economic war and has made repeated calls for Turks to sell their dollars and euros to shore up the national currency. — Reuters