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Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran.
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Beijing, seeking an advantage, casts itself as a global champion of free trade.
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TEHRAN, Iran — Iran has vowed to retaliate against to widened U.S. sanctions, saying Washington should "expect an attack" in response to the measures.
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Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibition on enrichment or reprocessing.
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The US cannot fully isolate Tehran unless other trade partners co-operate
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Canada announced new tariffs of up to 50 percent on hundreds of American goods in retaliation for U.S. tariffs that took effect last week. Starting Sept. 8, Canada will double tariffs on American steel and aluminum to 50 percent and impose tariffs on around 700 other products.
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