Turkey Vows to Boycott US Electronics as war continues

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Turkish President Recep Tayyip Erdogan threatened Tuesday to boycott U.S. electronic goods in response to what he says is a targeted economic war being waged against Turkey by the United States.

The diplomatic dispute between the two countries has helped spark an economic crisis in Turkey and push its currency, the lira, to record lows.

"If they have the iPhone, there is Samsung elsewhere. In our own country we have Vestel," Erdogan said.

He has called on people to exchange their U.S. dollars for lira in order to shore up the currency.

The lira has plunged 40 percent this year and saw drops of 16 percent Friday and another seven percent on Monday. It stabilized Tuesday with a rise of about five percent.