The two North Atlantic Treaty Organisation allies are at an impasse regarding the detention of an American pastor, differing views on Syria, and Turkey's purchase of Russian military equipment.
On Monday, the Turkish currency hit a record low of 7.24 against the USA dollar in Asia Pacific trading.
Erdogan has repeatedly described the crisis as an "economic war" that Turkey will win.
Finance Minister Berat Albayrak assured global investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signaling it could ride out a dispute with the United States.
The lira hit a record low against the dollar on Tuesday.
Investors also fret over Mr Erdogan's influence over monetary policy.
Sheikh Tamim bin Hamad Al Thani, the emir of Qatar, has pledged to invest $15bn in Turkey, according to officials.
Rival Koreas agree to third summit in Pyongyang
The agreement was reached after the high-level talks between the two sides at the border village of Panmunjom. Sanctions will remain in place until North Korea takes concrete and verifiable steps toward denuclearisation.
Honda Civic gets new look, standard active safety features, Sport trim
For the 2019 model year, Honda Sensing® is standard or available equipment on all Honda auto and light truck nameplates. Honda has unveiled the refreshed 2019 Civic coupe and sedan that builds on the 10th generation Civic line.
Klopp not getting carried away after Liverpool’s opening rout
In contrast, midfielder Naby Keita , who cost Liverpool 50mn pounds from RB Leipzig, was excellent throughout. The result continued West Ham's terrible record at Anfield, which now extends to one win in 46 league games.
"The tariffs that are in place on steel will not be removed with the release of pastor Brunson". It could merely be a way for the foreign president to gather support for his regime among Turkish nationalists.
The U.S. economy is 25 times larger than Turkey's, based on nominal GDP.
"Escalating the use of Section 232 tariffs on imports from Turkey poses serious risks for the United States", Brilliant said.
"Tax rates on imports of some products have been increased on a reciprocal basis against the US administration's deliberate attacks on our economy", the country's vice president, Fuat Oktay, said in a pair of tweets.
The crisis came days after US President Donald Trump announced via Twitter a doubling of steel and aluminium tariffs on Turkey, as Washington pushes Ankara to release Evangelical Christian pastor Andrew Brunson, who is being held on terrorism charges for almost two years. Lots of countries had been the target of similar USA trade measures, he said, and Turkey would navigate this period with other parties such as Germany, Russia and China.
Many economic crises in emerging market countries like Turkey follow periods of domestic support for governments that focus on electoral gains and avoid unpopular economic reforms, and pressure on the Turkish lira is likely to persist if Turkish authorities shun decisive action, said Nafez Zouk, an analyst at Oxford Economics.
"If they have the iPhone, there is Samsung", he said during a speech in Ankara earlier this week.
Brunson has been detained for almost two years in Turkey.
Earlier on Wednesday, Erdogan spoke on the phone with German Chancellor Angela Merkel, the Turkish presidency.
Erdogan on Tuesday said Turkey would boycott USA electronic goods like iPhones, even though he has himself been photographed repeatedly using the product himself.