World ·
Canada has announced plans to implement countertariffs against the United States on a dollar-for-dollar basis, while the cultural world mourns the passing of legendary country star Dolly Parton at the age of 80.
Business ·
North Americans are bracing for higher prices on paper products after trade negotiations between the US and Canada collapsed, leading Canadian Prime Minister Mark Carney to announce tariffs of 25% to 50% on nearly 900 American goods starting September 8.
World ·
President Trump is leveraging American dominance to challenge both allies and enemies, but nations such as Canada and Iran have found ways to fight back.
World ·
The United States has threatened Iran's partners with secondary sanctions, an economic measure where third-party countries that engage in trade with a sanctioned nation face penalization themselves.
World ·
Iran is calculating that global economic fallout combined with concerns from Republicans facing midterm elections will pressure United States President Donald Trump into a political retreat.
World ·
A major debate is unfolding inside Iran regarding the strategic value of the Strait of Hormuz as neighboring Gulf countries plan alternative pipelines to bypass the waterway. Although the office of Iran's supreme leader recently framed the chokehold as a pillar of its security order equivalent to possessing a nuclear weapon, analysts warn its diminishing economic leverage could leave the country vulnerable to upcoming U.S. sanctions.
World ·
Canada has announced dollar-for-dollar retaliatory tariffs of up to 50% on imports from the United States, marking the latest escalation in an ongoing trade war between the two nations. The newly announced levies will apply to a broad range of products, including steel, furniture, fresh tuna, and makeup.
World ·
The CIA chief has traveled to Moscow for unannounced discussions, according to US media reports. Flight tracking information verified that a US military plane flew to Russia from the United States via Latvia on Tuesday.
World · 3 sources ·
The United States has threatened severe sanctions against countries and entities maintaining economic ties with Iran as part of a campaign to isolate Tehran. China, Iran's largest trading partner, has strongly denounced the threat as illegal and pledged to take all necessary measures to protect its national interests.
World ·
CIA Director John Ratcliffe has made an unannounced visit to Moscow, according to US media reports. The trip, confirmed by sources to CBS News and a US official to Axios, represents Ratcliffe's first known visit to Russia as CIA chief.
World ·
Tens of thousands of Nevada residents have been urged to evacuate as a wildfire spreads across the outskirts of Reno.
World ·
Iranian Foreign Minister Abbas Araghchi has dismissed proposed US economic sanctions as a desperate move, while President Masoud Pezeshkian acknowledged that the Iranian public faces significant hardships from Washington's economic pressure.