America’s tariff on Canadian goods; TikTok and ByteDance settle lawsuit, and more

美国对加拿大商品的关税;TikTok与字节跳动达成诉讼和解,以及其他新闻。

The World in Brief from The Economist

2026-08-23

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Mark Carney, Canada’s prime minister, said his country would retaliate “dollar for dollar” against America’s new 50% tariffs, with its own levies taking effect on September 8th; Vladimir Putin threatened to hit Ukraine’s “most sensitive economic sectors” after it attacked a warehouse run by Ozon, Russia’s second-largest online marketplace, and reportedly targeted a nearby oil refinery Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • This is The World in Brief from The Economist.

  • Our top stories.

  • Mark Carney, Canada's Prime Minister, said his country would retaliate dollar for dollar

  • against America's new 50% tariffs, with its own levies taking effect on September 8th.

  • Donald Trump's tariffs, announced on Friday after trade talks collapsed,

  • affect about $20 billion worth of Canadian goods.

  • Mr. Trump had delayed the measures for three days to allow negotiations to continue.

  • Vladimir Putin threatened to hit Ukraine's most sensitive economic sectors after it attacked a warehouse run by Ozan,

  • Russia's second-largest online marketplace, and reportedly targeted a nearby oil refinery.

  • Ukraine has also struck facilities run by Wildberries, which it says supplies Russia's military.

  • Mr. Putin accused Ukraine of opening Pandora's box by escalating attacks on Russian economic infrastructure.

  • Iran accused America of violating other countries' sovereignty with new sanctions due to be announced on Monday.

  • Its foreign ministry said that threatening Iran's trading partners amounted to classic colonialism.

  • Mr. Trump has warned of tremendous economic consequences for countries that maintain commercial ties with Iran.

  • TikTok and ByteDance, its Chinese parent company, agreed to pay $400 million to settle a lawsuit alleging

  • that it had violated a law that protects children's privacy.

  • In 2024, America's Justice Department sued, alleging

  • that the short video app collected data on millions of users under the age of 13. Meta,

  • a social media company, is currently fighting a lawsuit alleging that it broke the same law, among others.