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EU fault lines: Brexit, Belt and Road Initiative and rising Germany

Germany has had a pivotal role in handling various crises over the last decade including the Eurozone crisis, the Ukraine crisis, the Refugee crisis and the shifting dynamics in the wake of Trumpian politics amid an existing leadership crisis within the EU, EU’s struggle for democratic legitimacy and the rise of populism and anti-elitist sentiments that harbor Eurosceptic reactions.

The Turkish Lira against the US Dollar

president Donald Trump has made it very clear in a tweet that reads “I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%.

Damage Control in Turkey-US Relations

However, given President Erdogan’s treatment of the issue, the continuation of diplomatic contact between the two countries at the highest level of crisis, and the preferences of President Trump, an expectation emerged that will help to overcome the Brunson crisis.