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August 25, 2026

Trump says the U.S. will impose 50% tariffs on all Canadian automotive and steel imports starting January 2027

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A sharp escalation in bilateral trade friction reached a new threshold Monday following high-level bilateral negotiation failures between the U.S. and Canada. President Trump announced plans to impose 50 percent duties on imported Canadian automobiles, light and heavy-duty trucks, automotive… Read More »Trump says the U.S. will impose 50% tariffs on all Canadian automotive and steel imports starting January 2027

Treasury Department launches “Operation Economic Outcast” to crack down on Iran’s financial networks

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The U.S. Department of the Treasury introduced a comprehensive broad-scale economic enforcement strategy aimed at severing remaining international trade corridors tied to Tehran. Treasury Secretary Scott Bessent said during a press briefing that the aggressive policy expansion, dubbed “Operation Economic… Read More »Treasury Department launches “Operation Economic Outcast” to crack down on Iran’s financial networks