Commodities

Trump gives his administration broad powers to put sanctions on Turkey


Secretary of the Treasury Steven Mnuchin answers questions from the press after an interview on CNBC on the North Lawn of the White House in Washington, September 12, 2019. REUTERS/Sarah Silbiger.Sarah Silbiger | ReutersPresident Donald Trump has given his administration broad authority to slap sanctions on Turkey, Treasury Secretary Steven Mnuchin said Friday.”These are very powerful sanctions. We hope we don’t have to use them. But we can shut down the Turkish economy if we need to,” the Treasury chief told reporters.Subscribe to CNBC on YouTube.

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