The risk of a full blown economic crisis in Turkey is escalating after tough talk on tariffs from Donald Trump precipitated a meltdown in the nation's currency.
CMC chief market analyst Michael Hewson tells ABC's Peter Ryan that concerns about interference in Turkey's economy could spark a run on foreign-owned banks.
Turkey's currency has plunged 40 percent this year with falls precipitated by Donald Trump's move to ramp up tariffs on steel and aluminium.
Here's my report from this morning's AM program on the ABC
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