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China denounces US threat of sanctions over trade with Iran The GuardianChina Pushes Back After Trump Tightens the Screws on Iran The New York TimesBessent announces campaign to create "economic onslaught" against Iran and its partners CBS NewsCan Trump's economic war against Iran do what airstrikes and negotiations couldn't? NPRIran vows to resist widened US sanctions, says Washington seeks talks Reuters
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The new tariffs to come Sept. 8 come after U.S. tariffs against Canada implemented after the collapse of trade talks.
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Canada Retaliates With Up to 50% Tariffs on Hundreds of U.S. Products The New York TimesHow U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War The New York TimesCanada unveils $20B in tariffs to match US duties 'dollar for dollar' USA TodayAs U.S.-Canada tensions escalate, Republicans could face political consequences The Washington PostMark Carney's defiance of Trump has Canada cheering
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Oil prices declined on Tuesday as traders shrugged off U.S. threats of an "economic D-Day" against Iran, while a flurry of headlines helped to renew hopes that the conflict could soon come to an end.
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