Turkish president blasts ‘economic coup’ amid heightened tensions with US

Turkish President Recep Tayyip Erdogan declared Saturday that his country would not be cowed by the United States, his latest broadside in the bitter feud between Ankara and Washington.

Brunson, 50, was indicted by a Turkish court on charges of having links with the Kurdistan Workers' Party (PKK) militant group and the movement of the US-based opposition cleric Fethullah Gulen, whom Ankara accuses of having masterminded the July 2016 coup attempt against Erdogan.

Turkey's President Recep Tayyip Erdogan delivers a speech during the Justice and Development (AK) Party's sixth congress, at Ankara Sports Hall, in Ankara, Turkey on August 18, 2018.

"Today some people are trying to threaten us through the economy, through interest rates, foreign exchange, investment and inflation".

TRT World's Oubai Shahbandar reports from Ankara.

One of Turkey's high criminal courts has rejected USA pastor Andrew Brunson's request to be released from house arrest and permitted to travel overseas, according to Turkey's state-run Anadolou news agency.

"We did not and will not surrender to those who act like a strategic partner but make us a strategic target", Erdogan said, in a reference to the United States.

Last week, US President Donald Trump said he had doubled the tariffs on aluminium and steel tariffs from Turkey, prompting Ankara to sharply hike tariffs on several US products.

Last Wednesday, in retaliation, Turkey increased tariffs on several USA -origin products, including alcohol and tobacco products and cars.

The AK Party normally holds its grand congress once every three years. The last one was in September 2015.

In May 2017, the AK Party held an extraordinary congress following the historic approval of a raft of constitutional changes that April.

Meanwhile, Erdogan told the AKP congress that Turkey would press on with and expand its cross-border military operations.

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