Turkey pressed ahead with its offensive in northern Syria on Tuesday despite U.S...
Trump announced a set of sanctions on Monday to punish Ankara, and on Tuesday a senior U.S. official said Washington would threaten more sanctions to persuade Turkey to reach a ceasefire and halt its offensive.
Bilateral trade between Turkey and the United States is relatively small - around a tenth the size of Turkey’s trade with Europe. Washington’s most effective form of economic leverage would be to hinder Turkey’s access to U.S. financial markets, a step Trump has so far avoided. But his critics, including senior figures in his own Republican Party, cast it as a betrayal of the Kurds, loyal allies who lost thousands of fighters as the principal ground forces in Washington’s battle against IS.
France said on Tuesday it would hold talks soon with Iraqi and Kurdish leaders to weigh how, amidst the upheaval triggered by the Turkish incursion, to secure thousands of foreign and regional IS militants held in Syrian camps and prisons. The U.N. Security Council will likely meet on Wednesday to discuss the latest developments in Syria, diplomats said, the second such session since Turkey began its offensive.
“The international community missed its opportunity to prevent the Syrian crisis from pulling an entire region into a maelstrom of instability,” he wrote in the Wall Street Journal. “The European Union - and the world - should support what Turkey is trying to do.”
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