# CNBC Daily Open: The U.S. is flexing its economic power — drawing retaliation

https://mins.news/en/item/32467

- CNBC, 2026-08-26 01:02 UTC
- Economy
- Original: https://www.cnbc.com/2026/08/26/cnbc-daily-open-canada-trade-us-iran-strait-of-hormuz.html

> Washington has launched an economic offensive against Iran and Canada, two countries that would not normally be grouped together, and the move is drawing retaliation.

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