Erdogan thinks too highly of himself, he should consider the repurcussions of his actions. His people (meaning the turkish people) are suffering because of it. People can't buy shit, their buying power has gone to shit. I hope he thinks carefully about his future steps, because this shit ain't lookin good.
Many countries in the world suffers from the rise of the dollar in addition to the devaluation of its local currencies.
The dispute between USA and Turkey is political. USA is hiding a criminal clerk (Turkey point of view of course) and refuse to extradite it to Turkey. Now when Turkey detained a criminal clerk (or at least considering the Turkish version), USA is forcing Turkey to return its angel back and when Turkey refuse since the situation should be solved in the court like any democratic country, USA made sanctions to some Turkish political figures.
USA under Trump is acting like a gang more than a civilised country. I don't know until now how could he passed the medical test before becoming a president!
You are correct about what you said, but Trump knows that they are economically stronger than Turkey and can basically threaten them. Erdogan shouldn't do the same thing as it can really have an effect on their economy (we have all witnessed this with the decline of the Turkish Lira). I just hope the Lira gets back to its old position soon.