The U.S. also warned Turkey on Thursday to expect more economic sanctions unless it hands over Brunson, as relations between the two countries took a further turn for the worse.
Last week, Trump announced on Twitter that he had green-lit a doubling of steel and aluminum tariffs on Turkey, and warned that USA relations with Turkey "are not good at this time!"
The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 percent against the dollar.
"They made up this phony charge that he's a spy", Trump said. He's going through a trial right now, if you call it a trial. He demanded Brunson's release, saying "they can't take our people".
Turkey has retaliated against USA sanctions and will continue to do so, Turkish Trade Minister Ruhsar Pekcan said yesterday, state-run Anadolu agency reported.
Turkey, meanwhile, is frustrated by the refusal of the U.S.to extradite a Pennsylvania-based Muslim cleric accused by Turkish authorities of engineering the coup attempt.
Trump asks SEC to consider ending required quarterly reports
Chamber of Commerce and other lobbying groups have blamed compliance burdens for preventing more companies from selling shares. A spokeswoman for Chairman Jay Clayton did not respond to a request for comment.
"We have responded to the measures the United States has taken, and will continue to do so based on our global trade law rights and in accordance to World Trade Organization rules", said the minister, Ruhsar Pekcan.
Turkey's currency which dived to record lows last week recovered some of its losses in recent days. Erdogan is refusing to raise interest rates, which could quell rising inflation and make Turkish bonds more attractive to investors.
Trump also said regarding Turkey that "they have not proven to be a good friend" to the United States.
"Do you think the lira will gain against the dollar if Brunson is released?" "Would the amount of Turkey's debts decrease?" A senior U.S. official told CNN that in exchange for Turkey's release of Brunson, Israel agreed to release Ebru Ozkan, a 27-year-old Turkish woman held in Israel on suspicion of aiding Hamas, the Palestinian militant group that controls Gaza.
"They are now holding our wonderful Christian Pastor, who I must now ask to represent our Country as a great patriot hostage". Trump added the pastor is a "very innocent man" and "we got somebody out for him - he needed help getting somebody out of some place".
If convicted, the American pastor faces up to 35 years in jail.