On Monday, Turkish President Recep Tayyip Erdogan said that his country will boycott US-made electronic goods amid a diplomatic spat with the United States that has led to a Turkish currency crisis.<br /><br />Last week, Turkey was hit by a financial shockwave as the lira nosedived over concerns about the government's economic policies and a trade and diplomatic dispute with the United States. He showed no signs of backing down in the stand-off and suggested that Turkey would stop procuring US-made iPhones and buy Korean Samsung or Turkish-made Vestel instead. Erdogan also renewed a call for Turks to convert their dollars into the Turkish lira, to help strengthen the currency.<br /><br />The Turkish currency nosedived in value over concerns about Erdogan's economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American pastor.
