The announcement follows Turkish President Recep Tayyip Erdoğan's call for a boycott of US electronics, including Apple's iPhones to counter Trump's actions to ramp up pressure on Turkey to release Brunson.
"Those who think that they can make Turkey take a step back with ridiculous sanctions have never known this country or this nation", Erdogan said during his speech in Ankara.
Turkey responded in kind to the sanctions, increasing tariffs on USA alcohol, tobacco and automotive products on Wednesday, also imposing the same sanctions to the US interior and state secretaries.
The government announced the tariffs "under the principle of reciprocity", following sanctions imposed by Washington over the detention of an American pastor, which sent the lira tumbling to record lows against the dollar. They want to hold our wonderful pastor.
If they side with Turkey, they run the risk of antagonizing US President Donald Trump. White House press secretary Sarah Sanders that Washington will withdraw sanctions on Turkey if Brunson was set free.
Erdogan signed a decree on August 15 that raises tariffs on American cars to 120 percent, on alcoholic drinks to 140 percent, and on leaf tobacco to 60 percent. "He's an innocent man".
Turkey and Qatar have traditionally maintained good ties and Ankara stood by Doha after Saudi Arabia and other Arab states severed diplomatic, trade and travel ties with Qatar previous year, accusing it of financing terrorism - a charge Doha denies.
Investors said Albayrak's conference call would test whether Turkey can persuade markets that its monetary policy is not hostage to political influence.
The US-Turkish economic war has led to unforgiving retaliations from both ends.
Some emerging market countries pared their holdings of US Treasuries in June, data from the US Treasury department showed on Wednesday, in what analysts viewed as a move to support their currencies as the Federal Reserve started raising interest rates this year.
Gold prices in line with the emerging market currencies rout, triggered by Turkey's Lira and China's economic woes, reduced to its over 19-month low price levels.
As NPR explained in a primer on the dispute, much of the ill will shared by Turkey and the USA stems not only from the back-and-forth on tariffs, but also from a diplomatic dust-up centered on two men of faith.