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Trump threatens to ‘obliterate’ Turkey’s economy

ISTANBUL, Turkey: Turkey said on Tuesday it had completed preparations for a military operation in northeast Syria after the United States began pulling back troops, opening the way for a Turkish attack on Kurdish-led forces long allied to Washington.

But US President Donald Trump warned he would “obliterate” Turkey’s economy if it took action in Syria that he considered “off-limits” following his decision on Sunday to pull 50 American special forces troops from the border region.

The US withdrawal will leave its Kurdish-led partner forces in Syria vulnerable to an incursion by the Turkish Armed Forces (TSK), which brands them terrorists because of their links to Kurdish militants who have waged a long insurgency inside Turkey.

“The TSK will never tolerate the establishment of a terror corridor on our borders. All preparations for the operation have been completed,” the Turkish Defence Ministry said on Tuesday.

“It is essential to establish a safe zone to contribute to our region’s peace and stability, and for Syrians to achieve a safe life,” it said.

Trump’s warning on Turkey’s economy appeared aimed at placating critics who accused him of abandoning the Syrian Kurds by pulling out US forces. The decision drew criticism from Democrats and a rebuke from some of Trump’s fellow Republicans in Congress, including Senate Majority Leader Mitch McConnell.

Turkish Foreign Ministry spokesman Hami Aksoy said it was Turkey’s fundamental right to take necessary measures for its national security against terrorist threats from Syria.

“Turkey is determined to clear terrorists from the east of the Euphrates and protect its security and survival while implementing a secure zone to achieve peace and stability,” Aksoy said.

President Tayyip Erdogan has said Turkey plans to resettle two million refugees in northern Syria and Turkish media has said the draft resettlement plan involves a 151 billion lira ($26 billion) construction project. Turkey hosts 3.6 million Syrian refugees.

Turkey’s lira lost 2% of its value against the dollar to hit its weakest level since early September. It stood at 5.8385 early on Tuesday.