Canada strikes back at America with tariffs; Iran vows sanctions retaliation, and more

加拿大对美国发起关税反击;伊朗誓言实施制裁报复,以及其他新闻。

The World in Brief from The Economist

2026-08-26

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Canada announced retaliatory tariffs on $20bn-worth of American goods, from September 8th, matching levies imposed by America after trade talks collapsed. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • Our top stories.

  • Canada announced retaliatory tariffs on $20 billion worth of American goods from September 8,

  • matching levies imposed by America after trade talks collapsed.

  • Canada will double existing tariffs on steel and aluminium to 50% and impose tariffs

  • of between 15% and 50% on goods such as furniture, clothing, dairy and machinery.

  • Mark Carney, Canada's Prime Minister, had promised to match America's tariffs.

  • Iran vowed to retaliate against America's expanding sanctions regime, having warned that, quote,

  • not a single drop of oil would leave the Gulf if the pressure continued.

  • On Monday, Scott Besant, America's Treasury Secretary, threatened broader measures against Iran's trading partners,

  • although he did not name any countries.

  • China, a large buyer of Iranian oil, said its trade with Iran, quote, should not be disrupted.

  • Oman said it discussed a proposed framework with Iran to create

  • a temporary joint navigation corridor through the Strait of Hormuz.

  • Oman's foreign ministry said the two countries were negotiating a permanent

  • route as well as a joint operation to clear mines from the waterway.

  • Earlier, Donald Trump claimed that America's Navy had removed or detonated all mines in the strait.

  • John Ratcliffe, the head of America's CIA, arrived in Moscow for unannounced talks with Russian officials.

  • Neither side revealed the purpose of the spy chief's visit.

  • Earlier, flight tracking data showed an American military transport aircraft had flown to Moscow