""Turkey's purchase of the Russian S-400 air and missile defense system is incompatible with the F-35 program. "He got treated very unfairly," Trump said.Even minor U.S. sanctions could prompt another sharp sell-off in the Turkish lira. A 30% slide in the currency drove the economy into recession last year, and the lira has lost another 10% this year. "Trump may try and get a waiver," Aaron Stein, Director of the Middle East program at think-tank FPRI. "This may only buy 180 more days to reach a deal on Patriot, while S-400 is deployed, and Turkey is removed from the F-35 consortium," he said.

Source: Economic Times July 03, 2019 05:03 UTC