Trump, in a tweet, condemned the Turkish government for taking "advantage" of the US and added that while the administration would not pay for Pastor Andrew Brunson's release, the U.S.is "cutting back on Turkey".
Last week the USA doubled tariffs on aluminium and steel imports from Turkey, during a dispute over Turkey's detention of an American pastor on security charges that the U.S. views as baseless.
Last week, Trump tweeted that his administration was doubling aluminum and steel tariffs for Turkey, and in response Ankara sharply hiked tariffs on some United States products.
Recep Tayyip Erdogan has refused to allow the central bank to raise interest rates
On Wednesday, Turkey rejected pastor Andrew Craig Brunson's appeal to be released from custody, and slapped additional tariffs on US imports.
The country's currency, the lira, has fallen sharply against the US dollar in recent weeks but rebounded after the aid announcement.
Washington wants the evangelical Christian freed but Turkish officials say the case is a matter for the courts.
US President Donald Trump on Thursday lashed out at Turkey, saying Washington will pay "nothing" to Ankara for the release of a detained American pastor.
Turkey raises tariffs on some USA goods amid escalating feud
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4%, a day after it hit its lowest level in a year. Also helping the Turkish currency are moves by Turkey to gain favour with European countries.
Turkey's biggest mobile phone importing companies have cancelled their iPhone orders as Turkish citizens join a move to boycott United States products.
The Turkish government doubled its tariffs on imports of American cars and alcoholic beverages to 120 and 140 percent, respectively, CNN reported.
The Turkish banking watchdog has taken steps to stabilise the currency, limiting futures transactions for offshore investors and lowering limits on swap transactions.
Turkey doubles tariffs on some United States imports over economy 'attacks'
The state-run Anadolu Agency said the finance chief would address hundreds of foreign investors on Thursday in a teleconference. Turkey's weakened currency , the lira, plunged by more than 20% in response to those United States sanctions .
It received another boost on Wednesday when Qatar's Emir approved a package of economic projects, investments and deposits worth $15 billion after he met President Tayyip Erdogan in Ankara.
'The fundamentals of the Turkish economy are robust and Turkey will emerge stronger from this process, ' he wrote. The U.S. Department of Treasury sanctioned Turkey's Minister of Justice Abdulhamit Gul and Minister of Interior Suleyman Soylu in early August over their roles in Brunson's detention.
Turkey shot back on Friday, threatening to respond if the United States levied further sanctions.
Erdogan has said Turkey is the target of an economic war, and has made repeated calls for Turks to sell their dollars and euros to shore up the currency. Sheikh Tamim was the first foreign leader to call Erdogan after the aborted coup in Turkey in 2016, and Turkey - along with Iran - is one of the few countries to support Qatar against the boycott by the Saudi-led Anti-Terror Quartet over Doha's financing of terrorism.
Aretha Franklin, Queen of Soul, Reportedly Gravely Ill
In 2017, Franklin announced she was retiring from full-on touring and public performances, preferring instead to do select dates. When asked if she would still be still be doing numbers like " Respect " and "Think", she said: "No, I shouldn't think so".