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Will Russia's economic restrictions on Turkey backfire?

Some worry Turkey’s losses from an angry Russia could reach $20 billion, but others expect the figure to be much lower and point out that Russia’s losses will be no less painful.

Turkey’s downing of a Russian jet in November tanked the phenomenally growing economic relations between the two countries.

Following the incident, Russia announced economic sanctions banning imports from Turkey of fresh fruit, vegetables, poultry, salt and cloves beginning Jan. 1.

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