Bessent announces “Operation Economic Outcast” against Iran; Trump escalates trade war with Canada, and more

贝森特宣布对伊朗实施“经济放逐行动”;特朗普升级与加拿大的贸易战,等等。

The World in Brief from The Economist

2026-08-25

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Scott Bessent, America’s treasury secretary, threatened to expand secondary sanctions against Iran’s trading partners, targeting sectors such as digital assets, technology, gold, aviation and shipping. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • Our top stories.

  • Scott Besant, America's Treasury Secretary, threatened to expand secondary sanctions against Iran's trading partners,

  • targeting sectors such as digital assets, technology, gold, aviation and shipping.

  • Calling the plan Operation Economic Outcast,

  • he said Donald Trump was asking world leaders to cease their interactions with Iran.

  • But Mr. Besant did not name any countries nor set any deadlines.

  • Iran dismissed America's plans as, quote, bombast.

  • Mr. Trump said America will raise tariffs on Canadian cars, automotive parts and steel to 50% beginning on January 1st,

  • further escalating a dispute after trade negotiations collapsed last week.

  • America had already imposed 50% tariffs on $20 billion worth of Canadian goods.

  • Mark Carney, Canada's Prime Minister, had promised to retaliate with levies on American products including steel,

  • dairy and electronics from September 8. Andy Burnham pledged support for Ukraine's depleted air defence

  • systems during a visit to Kyiv, his first foreign trip as Britain's Prime Minister.

  • Britain will also share long-range missile manufacturing techniques with Ukraine,

  • which Russia criticised as direct participation in the war.

  • Meanwhile, Volodymyr Zelensky, Ukraine's president, dismissed calls from his former defence minister

  • to hold wartime elections, saying they would, quote, destroy his country by sowing division.

  • Meanwhile, Vladimir Putin, Russia's president, gave the state powers to seize control of infrastructure,

  • which it considers inadequately protected from Ukrainian attacks.