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BREAKINGCarney: Canada will impose retaliatory US tariffs from September 8

US-Canada trade dispute escalates after Carney announces retaliatory tariffs

US and Canadian negotiators had been nearing a trade agreement earlier this week, but talks collapsed after both governments accused the other of making last-minute changes. Prime Minister Mark Carney announced retaliatory tariffs after Washington imposed a 50% levy on $20 billion worth of Canadian goods, and addressed Canadians on Saturday for the first time since the breakdown.

Trade & sanctionsUS-Canada traderetaliatory tariffsMark Carney

FFrance 24Original★★★★☆2026-08-23 09:02

US-Canada trade dispute escalates after Carney announces retaliatory tariffs
US-Canada trade dispute escalates after Carney announces retaliatory tariffs
  • Trump says Canada wants ‘benefits of being a state’ as trade war deepens
    Trump says Canada wants ‘benefits of being a state’ as trade war deepens

    US President Donald Trump attacked Canada on Sunday, saying it wanted “the benefits of being a State, without being one.” His remarks followed Canadian Prime Minister Mark Carney’s announcement of retaliatory tariffs after describing the existing deal as a “bad deal.” Talks between the longtime allies broke down in Washington on Friday, signaling a widening rift.

    US-Canada relationstrade wartariffsDonald Trump

    FFrance 24★★★★☆2026-08-23 06:56Original
  • The Atlantic: Trump is losing the trade war with Canada

    The Atlantic says Donald Trump’s threats and pressure on Ottawa have failed to deliver results, leaving the US president behind in the trade conflict. Canadian Prime Minister Mark Carney said negotiations were suspended and Canada would impose retaliatory tariffs from September 8, while US tariffs of 50% on some Canadian goods took effect Saturday.

    Donald TrumpCanadatrade war

    TTASS★★★★☆2026-08-23 04:53Original
  • ‘You just can’t trust Trump’: Canadian premiers fire back in trade war
    ‘You just can’t trust Trump’: Canadian premiers fire back in trade war

    Canadian Prime Minister Mark Carney and provincial premiers have responded after US President Donald Trump imposed 50 percent tariffs on about $20bn of Canadian goods. British Columbia Premier David Eby said Trump cannot be trusted.

    CanadaDonald Trumptariffstrade war

    AAl Jazeera★★★★☆2026-08-23 03:42Original
  • Canada to hit US with retaliatory tariffs as trade war escalates
    Canada to hit US with retaliatory tariffs as trade war escalates

    Prime Minister Mark Carney says Canada will impose dollar-for-dollar tariffs on US steel, dairy, appliances, agricultural equipment, pulp and paper, electronics and other goods from September 8. He said Washington’s conditions were uneconomic, unfair and undermined Canada’s sovereignty after trade talks broke down.

    CanadaUnited Statestariffstrade war

    AAl Jazeera★★★★☆2026-08-23 02:34Original
  • Carney says Canada is now 'at war,' vows retaliatory tariffs on US goods
    Carney says Canada is now 'at war,' vows retaliatory tariffs on US goods

    Canadian Prime Minister Mark Carney said Canada was “at war” in its trade dispute with the United States and would impose tariffs on U.S. steel, electronics and other imports from September 8. The measures are intended to match President Donald Trump’s new 50% tariffs dollar for dollar after negotiations between the two countries collapsed.

    CanadaUnited Statestrade wartariffs

    CCGTN★★★★☆2026-08-23 01:04Original

Canada to Apply Counter-Tariffs as US Trade Feud Escalates

Canada is set to impose counter-tariffs as its trade feud with the United States escalates.

Trade & sanctionsCanadaUnited Statescounter-tariffstrade dispute

BBloomberg NewsOriginal★★★★☆2026-08-22 21:30

Canada to Apply Counter-Tariffs as US Trade Feud Escalates
Canada to Apply Counter-Tariffs as US Trade Feud Escalates
  • Carney says Canada will match US tariffs ‘dollar for dollar’
    Carney says Canada will match US tariffs ‘dollar for dollar’

    Canadian Prime Minister Mark Carney says Canada will match new US tariffs “dollar for dollar” after trade talks with Washington broke down.

    CanadaUnited Statestariffstrade talks

    AAl Jazeera★★★★☆2026-08-22 19:13Original
  • Carney: Canada will impose retaliatory US tariffs from September 8
    BREAKINGCarney: Canada will impose retaliatory US tariffs from September 8

    Canadian Prime Minister Mark Carney says Ottawa will begin imposing “dollar-for-dollar” tariffs on selected US imports on September 8, after Washington placed 50 percent duties on nearly $20bn of Canadian goods. Carney said talks collapsed when the US introduced last-minute terms that were unfair and uneconomic.

    CanadaUS tariffstrade talks

    AAl Jazeera★★★★☆2026-08-22 19:00Original
  • Canada Demand for Tariff Relief on Trucks Imperiled Trade Talks
    Canada Demand for Tariff Relief on Trucks Imperiled Trade Talks

    Trade talks between the US and Canada collapsed Friday, partly because negotiators reached a last-minute impasse over reducing US tariffs on Canadian medium- and heavy-duty vehicles, according to people familiar with the matter.

    US-Canada tradetariffstrucks

    BBloomberg News★★★★☆2026-08-22 17:30Original
  • Canada to hit back with retaliatory tariffs after US trade talks fail
    Canada to hit back with retaliatory tariffs after US trade talks fail

    Canada will impose tariffs on several US products from September 8, Prime Minister Mark Carney said, pledging to match Washington’s new duties dollar for dollar. The move follows the United States imposing 50% tariffs on a broad range of Canadian goods after trade talks collapsed. Carney described the dispute as a trade “war.”

    CanadaUnited Statestariffstrade dispute

    DDW★★★★☆2026-08-22 17:28Original
  • US set to impose 50% tariffs on $20 billion of Canadian products
    US set to impose 50% tariffs on $20 billion of Canadian products

    The United States plans to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch talks failed to ease the latest strain between the long-standing allies.

    United StatesCanadatariffstrade tensions

    TThe Associated Press★★★★☆2026-08-22 15:49Original
  • Carney faces crucial test after walking away from Trump's deal
    Carney faces crucial test after walking away from Trump's deal

    Canada and the United States are entering an escalating trade war after Prime Minister Mark Carney suspended talks with President Donald Trump and retaliated against new duties rather than accept a tentative agreement. Carney must persuade Canadians and less-affected provinces that the economic pain is worth risking in pursuit of a better deal.

    CanadaUnited Statestrade wartariffs

    BBBC News★★★★☆2026-08-22 15:00Original
  • How will Trump’s tariffs affect Canada’s economy?
    How will Trump’s tariffs affect Canada’s economy?

    After trade talks collapsed, the United States imposed 50% tariffs on $20bn worth of Canadian goods, sharply escalating tensions. Trade specialist Steven Okun says the blanket measures are unlikely to cripple Canada’s economy but will hit key sectors hard and deepen the dispute.

    Canada economyUS tariffstrade dispute

    AAl Jazeera★★★★☆2026-08-22 08:01Original
  • US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs
    US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs

    US-Canada trade talks collapsed at the last minute, as new 50% tariffs on billions of dollars in Canadian goods took effect. Prime Minister Mark Carney promised retaliation.

    United StatesCanadatrade talkstariffs

    BBloomberg News★★★★☆2026-08-22 07:30Original

Putin puts Russia’s grain export potential at no less than 60 million tons

Russian President Vladimir Putin said the country’s grain export potential is at least 60 million metric tons, calling it a “good cushion” for global markets. He said export difficulties and logistical problems affecting Ukrainian wheat shipments after Russia’s retaliatory strikes would not cause a global shortage.

MarketsEnergy & commoditiesTrade & sanctionsRussiagrain exportsglobal markets

TTASSOriginal★★★☆☆2026-08-22 18:03

Putin puts Russia’s grain export potential at no less than 60 million tons

Canada to impose retaliatory tariffs across US sectors, Carney says

Prime Minister Mark Carney said Canada would impose new retaliatory tariffs on a range of US sectors and announce support measures next week for domestic industries affected by the latest US duties.

Trade & sanctionsCanadaUnited Statesretaliatory tariffstrade dispute

RReutersOriginal★★★★☆2026-08-22 18:01

Canada to impose retaliatory tariffs across US sectors, Carney says
Canada to impose retaliatory tariffs across US sectors, Carney says
  • Canada to Apply Dollar-for-Dollar US Counter-Tariffs as Trade Feud Escalates
    Canada to Apply Dollar-for-Dollar US Counter-Tariffs as Trade Feud Escalates

    Prime Minister Mark Carney said Canada will impose dollar-for-dollar counter-tariffs on US imports starting Sept. 8, intensifying a dispute shaking one of the world’s biggest trading relationships.

    CanadaUnited Statescounter-tariffstrade dispute

    BBloomberg News★★★★☆2026-08-22 16:14Original
  • Carney calls Trump's fresh tariffs a 'miscalculation' after trade talks collapse
    BREAKINGCarney calls Trump's fresh tariffs a 'miscalculation' after trade talks collapse

    Canadian Prime Minister Mark Carney called the new US tariffs a “miscalculation” intended to “hurt and divide” Canada after trade talks collapsed. He said he rejected a deal to protect Canadian sovereignty and that Canada would match US tariffs dollar-for-dollar from 8 September, including duties on steel, dairy, appliances and electronics.

    US-Canada tradetariffsMark Carney

    BBBC News★★★★☆2026-08-22 15:44Original

First South Korean container ship departs for Europe via Northern Sea Route

A container ship operated by South Korea’s Panstar has left Busan for Europe via the Northern Sea Route. It is the first voyage on the Arctic passage by a Korean commercial vessel and is expected to take 45 days, about 7,000 kilometers and 10 days less than the Suez Canal route.

Trade & sanctionsSouth KoreaNorthern Sea Routecontainer shipping

TTASSOriginal★★☆☆☆2026-08-22 15:26

First South Korean container ship departs for Europe via Northern Sea Route

Chinese customs official urges APEC to do more to remove trade barriers

A Chinese customs official called on APEC economies to take concrete steps to eliminate trade barriers and address cross-border bottlenecks, making Asia-Pacific supply chains safer, more stable and more efficient. Speaking at a customs procedures meeting in Dalian, Zhang Baofeng also urged closer alignment of rules, stronger risk-management coordination and greater use of technology. Participants approved a cooperation document on innovation for trade security and facilitation.

Trade & sanctionsAPECtrade barrierscustoms cooperationsupply chains

CCGTNOriginal★★★★☆2026-08-22 15:07

Chinese customs official urges APEC to do more to remove trade barriers
Chinese customs official urges APEC to do more to remove trade barriers

China’s rising imports open new doors for global businesses

China’s imports are growing faster than exports as the country expands access to its market. Customs data show imports rose 22% year on year in the first seven months of 2026, while first-half imports exceeded $1.5 trillion. Zero-tariff measures, trade fairs and demand from advanced manufacturing are boosting imports from Africa and purchases of metal ores and electronic components, creating more opportunities for businesses worldwide.

Trade & sanctionsCompanies & industryChina importsglobal trademarket openinginternational business

CCGTNOriginal★★★★☆2026-08-22 15:03

China’s rising imports open new doors for global businesses
China’s rising imports open new doors for global businesses

Canada says it will match new US 50% tariffs 'dollar for dollar'

The trade war between Washington and Ottawa has escalated again. The United States imposed 50% tariffs on certain Canadian goods on Saturday, only hours after Donald Trump said he had a good relationship with his Canadian counterpart and believed a deal was possible.

MarketsTrade & sanctionsCanadaUnited Statestariffstrade war

FFrance 24Original★★★★☆2026-08-22 10:40

Canada says it will match new US 50% tariffs 'dollar for dollar'
Canada says it will match new US 50% tariffs 'dollar for dollar'
  • Canada says it will match US tariffs 'dollar for dollar' as trade talks break down
    Canada says it will match US tariffs 'dollar for dollar' as trade talks break down

    A new 50% US tariff on roughly $20bn of Canadian imports took effect after last-minute trade talks collapsed. Prime Minister Mark Carney said Canada would impose reciprocal tariffs on US goods dollar for dollar, calling late changes to Washington’s proposed terms unfair and uneconomic.

    CanadaUnited Statestariffstrade talks

    BBBC News★★★★☆2026-08-22 04:46Original
  • US and Canada Race to Beat Tariff Deadline With Metals a Focus
    US and Canada Race to Beat Tariff Deadline With Metals a Focus

    US and Canadian negotiators bargained Friday over a trade agreement that would reduce tariffs and retaliatory measures between the two major trading partners. Optimism emerged that they could finalize a deal before Washington’s midnight deadline.

    US-Canada tradetariffsmetalstrade talks

    BBloomberg News★★★★☆2026-08-22 04:30Original
  • Carney says Canada will match US tariffs 'dollar for dollar' after failed talks
    Carney says Canada will match US tariffs 'dollar for dollar' after failed talks

    Canadian Prime Minister Mark Carney vowed to match US tariffs “dollar for dollar” to protect Canadian workers and businesses. The pledge came after hefty US duties on some Canadian products took effect Saturday following days of unsuccessful negotiations.

    CanadaUS tariffstrade negotiations

    FFrance 24★★★★☆2026-08-22 04:29Original
  • Canada vows to match Trump’s 50% tariffs after trade talks fail
    Canada vows to match Trump’s 50% tariffs after trade talks fail

    Canadian Prime Minister Mark Carney says Canada will match US tariffs “dollar for dollar” after three extra days of negotiations failed to produce a trade deal. He called last-minute changes proposed by Washington unfair and uneconomic. The US is imposing 50% tariffs on $20bn of Canadian goods.

    CanadaUnited Statestariffstrade talks

    TThe Guardian★★★★☆2026-08-22 04:23Original
  • US set to impose 50% tariffs on $20 billion of Canadian products
    US set to impose 50% tariffs on $20 billion of Canadian products

    The United States plans to begin imposing 50% tariffs on $20 billion worth of Canadian products early Saturday after last-minute negotiations failed to ease the latest tension between the historic allies.

    United StatesCanadatariffstrade relations

    TThe Associated Press★★★★☆2026-08-22 04:04Original
  • US imposes 50% tariffs on $20bn of Canadian goods after talks fail
    BREAKINGUS imposes 50% tariffs on $20bn of Canadian goods after talks fail

    The United States has imposed 50 percent tariffs on more than $20bn of Canadian goods after negotiators failed to finalise a trade agreement. Canadian Prime Minister Mark Carney vowed to respond with tariffs “dollar for dollar”, while US Trade Representative Jamieson Greer blamed Canada for abandoning terms reached earlier in the week.

    United StatesCanadatariffstrade war

    AAl Jazeera★★★★☆2026-08-22 04:02Original
  • Canada says more work needed as US trade deal deadline looms
    Canada says more work needed as US trade deal deadline looms

    The United States and Canada are rushing to finalize a trade agreement before steep new US tariffs take effect. Canadian trade minister Dominic LeBlanc said late Friday that the deal was not yet complete and that negotiations would continue until the last minute. If no agreement is reached, the tariffs are due to begin Saturday.

    US-Canada tradetariffstrade talks

    DDW★★★★☆2026-08-22 01:26Original
  • Canada negotiator says ‘more work to do’ as US trade deadline looms
    Canada negotiator says ‘more work to do’ as US trade deadline looms

    Canadian Trade Minister Dominic LeBlanc says negotiators still have work to complete as they race to finalise a tentative deal with the Trump administration by Friday’s midnight deadline. Failure could bring another wave of US tariffs on Canadian goods, while the emerging framework faces criticism from Canadian opposition and provincial leaders.

    CanadaUnited Statestrade talkstariffs

    BBBC News★★★★☆2026-08-22 00:40Original
  • Trump’s Canada trade deadline is hours away: What to know
    Trump’s Canada trade deadline is hours away: What to know

    The United States and Canada are racing to reach a deal before the 12:01 a.m. ET deadline on Saturday. The outcome could determine whether steep US tariffs are imposed on billions of dollars’ worth of Canadian goods.

    US-Canada tradetariffstrade talks

    CCNN★★★★☆2026-08-21 23:27Original

Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand

A partnership between French experts and Ethiopian winemakers is helping put East Africa on the viticultural map. After years of refining vines grown from seeds imported from Bordeaux, exports are rising, while Ethiopians are also consuming more locally produced wine.

Trade & sanctionsEthiopiawineBordeauxexports

FFrance 24Original★★☆☆☆2026-08-22 10:14

Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand
Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand

Panama Canal to cut shipping as ‘extreme’ El Niño approaches

The Panama Canal will progressively reduce daily transits from 40 to 34 and then 32 between September 4 and 15, preparing for lower water levels during a longer and stronger-than-usual El Niño season. Slower shipping could increase costs for industries dependent on the canal.

Trade & sanctionsPanama CanalEl Niñoshippingtransport costs

AAl JazeeraOriginal★★★★☆2026-08-22 08:00

Panama Canal to cut shipping as ‘extreme’ El Niño approaches
Panama Canal to cut shipping as ‘extreme’ El Niño approaches

South Korean ship to test Arctic commercial route amid Western concerns

A South Korean container ship is sailing to Europe via the Arctic on Saturday in the country's first commercial voyage along the route. The trial aims to assess its viability as South Korea hopes to develop Busan into a global maritime hub, despite concerns in the West.

Trade & sanctionsSouth KoreaArctic shippingBusancommercial route

RReutersOriginal★★★☆☆2026-08-22 07:00

South Korean ship to test Arctic commercial route amid Western concerns
South Korean ship to test Arctic commercial route amid Western concerns
  • South Korea to send first container ship through Arctic route
    South Korea to send first container ship through Arctic route

    South Korea was due to send its first trial container ship through the Arctic on Saturday as the war in the Middle East unsettles global shipping. Environmental groups warned that the route could speed up the melting of polar ice.

    South KoreaArctic routecontainer shippingpolar ice melt

    FFrance 24★★★☆☆2026-08-22 02:47Original

Canada suspends trade talks with US, Carney says

Canadian Prime Minister Mark Carney said Canada would match US tariffs dollar for dollar after rejecting Washington’s proposed trade-deal terms. The United States plans to impose a 50% tariff at midnight on about 28 billion Canadian dollars of Canadian goods, prompting Canada to suspend negotiations and recall its negotiators to Ottawa.

Trade & sanctionsCanadaUnited Statestariffstrade talks

CCGTNOriginal★★★★☆2026-08-22 03:43

Canada suspends trade talks with US, Carney says
Canada suspends trade talks with US, Carney says

Mexico expects trade outcome similar to emerging US-Canada deal

Mexican Economy Minister Marcelo Ebrard said Mexico expects to reach trade understandings with the United States that resemble, in many respects, those Washington and Ottawa are discussing. He added that Mexico does not view Canada’s parallel negotiations as a competition.

Trade & sanctionsCompanies & industryMexicoUnited Statestrade talks

RReutersOriginal★★★☆☆2026-08-22 00:30

Mexico expects trade outcome similar to emerging US-Canada deal
Mexico expects trade outcome similar to emerging US-Canada deal
  • Trump says US and Mexico are beginning work on a new trade deal

    President Donald Trump said Washington and Mexico City have begun work on a new trade agreement that he described as much better for the United States. He also said the US had largely reached trade agreements with Canada. Earlier, the US trade representative said Washington and Mexico were holding constructive talks on moving manufacturing from Asia to North America.

    United StatesMexicotrade dealCanada

    TTASS★★★★☆2026-08-21 23:41Original

Iranian parliament speaker calls for rejecting US dollar in trade

Iranian parliament speaker Mohammad Bagher Ghalibaf urged countries to abandon the US dollar in trade, calling it an outdated payment method. Speaking at an economic forum in Baghdad, he advocated using local currencies and highlighted the Middle East’s special geopolitical significance.

MarketsTrade & sanctionsIranUS dollartradeMiddle East

TTASSOriginal★★★☆☆2026-08-21 21:00

Iranian parliament speaker calls for rejecting US dollar in trade

Trump waives ‘out-of-quota’ beef tariffs for 90 days to lower prices

US President Donald Trump says imports of up to 300,000 tonnes of ground beef will be allowed over the next three months without higher tariffs, with foreign exporters reportedly offering a 25 percent discount to consumers. Trump did not identify the country, suppliers or companies involved; a White House official said an executive order will be signed within two weeks. Senator Tim Sheehy criticised the move as harmful to ranching families.

Macro & central banksTrade & sanctionsDonald Trumpbeef pricestariffsUS economy

AAl JazeeraOriginal★★★☆☆2026-08-21 19:42

Trump waives ‘out-of-quota’ beef tariffs for 90 days to lower prices
Trump waives ‘out-of-quota’ beef tariffs for 90 days to lower prices

US, Canada negotiators race to ink a deal as Trump’s tariff deadline looms

Top Canadian and US trade negotiators are meeting for a third consecutive day in Washington as they seek a deal before President Donald Trump’s threatened 50 percent tariffs on about $20bn of Canadian goods take effect Saturday. Experts say even a breakthrough would not remove all US tariffs on Canada.

Trade & sanctionsCompanies & industryUS-Canada tradetariff negotiationsDonald Trump

AAl JazeeraOriginal★★★★☆2026-08-21 19:20

US, Canada negotiators race to ink a deal as Trump’s tariff deadline looms
US, Canada negotiators race to ink a deal as Trump’s tariff deadline looms

Congress of Industrialists, BRICS Innovation Center sign cooperation agreement

The International Congress of Industrialists and Entrepreneurs and the BRICS Partnership on New Industrial Revolution Innovation Center in Xiamen have agreed in principle to cooperate. They plan to establish a permanent ICIE representative office there in 2027 and prepare a long-term strategic memorandum. A Russian-Chinese center to protect entrepreneurs’ rights and support dispute resolution, legal assistance and investment protection is also planned.

Macro & central banksTrade & sanctionsRussia-China cooperationBRICSeconomic ties

TTASSOriginal★★★☆☆2026-08-21 18:24

Congress of Industrialists, BRICS Innovation Center sign cooperation agreement

Trump Targets Ground Beef Prices With New Tariff Relief

President Donald Trump said he would permit tariff relief for some ground beef imports in an effort to bring down prices for American consumers. The cost of food is a key concern ahead of the November midterm elections.

Macro & central banksTrade & sanctionsUS economyDonald Trumptariffsbeef prices

BBloomberg NewsOriginal★★★☆☆2026-08-21 14:30

Trump Targets Ground Beef Prices With New Tariff Relief
Trump Targets Ground Beef Prices With New Tariff Relief
  • Trump to ease ground beef import quotas for 90 days
    Trump to ease ground beef import quotas for 90 days

    President Donald Trump said the United States would permit up to 300,000 metric tons of ground beef imports without counting them against tariff quotas under a 90-day arrangement intended to reduce prices as consumers struggle with grocery costs.

    Donald TrumpUnited Statesbeef importstariff quotas

    RReuters★★★☆☆2026-08-21 11:35Original

U.S., Canadian trade teams to meet again as tariff deadline looms

Canada’s and the United States’ top trade negotiators will meet in Washington for a third consecutive day on Friday, seeking to finalize a trade agreement before new U.S. tariffs take effect Saturday.

Trade & sanctionsCanadaUnited Statestrade talkstariffs

RReutersOriginal★★★★☆2026-08-21 14:15

U.S., Canadian trade teams to meet again as tariff deadline looms
U.S., Canadian trade teams to meet again as tariff deadline looms
  • Carney Bets Canada Can Live With Tariffs to Unlock Investment
    Carney Bets Canada Can Live With Tariffs to Unlock Investment

    Canadian Prime Minister Mark Carney is close to a trade agreement with the United States. His next challenge is persuading Canadians that accepting some tariffs is worthwhile for the greater economic certainty the deal could provide.

    CanadaUnited Statestrade dealtariffsinvestment

    BBloomberg News★★★☆☆2026-08-21 14:00Original

Ukraine's farmers struggle to sell harvest amid war and drought

Russian attacks on ships and ports have brought ports in the Odesa region largely to a standstill, severely restricting Ukraine’s grain exports. Farmers have harvested more than 28 million tons of grain and pulses, but much of it cannot be sold, leaving them short of cash for harvesting and autumn planting. Alternative rail, road and Danube routes are constrained by capacity, cost and drought.

Energy & commoditiesTrade & sanctionsUkraine agriculturegrain exportsBlack Seawar impact

DDWOriginal★★★★☆2026-08-21 13:51

Ukraine's farmers struggle to sell harvest amid war and drought
Ukraine's farmers struggle to sell harvest amid war and drought

Oil tankers wait up to 30 days to load at Venezuelan ports

Outdated infrastructure is forcing oil tankers to wait as long as 30 days to load at Venezuelan ports amid increased fuel volumes bound for export. About half of Venezuela’s output, roughly 500,000 barrels, is currently shipped to the US, and the delays are hindering Washington’s plan to rapidly expand the country’s hydrocarbon exports.

Energy & commoditiesTrade & sanctionsVenezuelaoil exportsport delays

TTASSOriginal★★★★☆2026-08-21 12:46

Oil tankers wait up to 30 days to load at Venezuelan ports

US Automakers Need More Than Peace With Canada

The US and Canada appear close to a deal on autos, a sector central to the North American free-trade fight. The emerging details suggest it would be a useful first step for Detroit, but uncertainty and possible reversals remain under President Donald Trump’s trade war. Foreign automakers may benefit sooner.

Trade & sanctionsCompanies & industryUS auto industryCanadatrade warNorth American trade

BBloomberg NewsOriginal★★★☆☆2026-08-21 12:30

US Automakers Need More Than Peace With Canada
US Automakers Need More Than Peace With Canada

Ukraine’s agricultural market faces extremely negative situation

Ukraine’s agricultural market is entering a critical phase described as a perfect storm for producers. Agricultural exports through the Greater Odessa ports have been fully blocked during the harvest, while grain prices of about $230 per metric ton mean higher logistics costs make exports unprofitable. Farmers are also struggling to secure funds for planting and bank debt payments.

Energy & commoditiesTrade & sanctionsUkraineagricultural marketagricultural exportsgrain prices

TTASSOriginal★★★☆☆2026-08-21 11:06

Ukraine’s agricultural market faces extremely negative situation

EXCLUSIVE: Tankers stack up as Venezuela sells oil faster than its ports can handle

Venezuela’s dilapidated oil terminals are effectively capping crude exports as production recovers. Shipping data, sources and documents indicate that ageing infrastructure, power outages and quality problems are forcing tankers to wait as long as 30 days to load.

Energy & commoditiesTrade & sanctionsVenezuelaoil exportsport congestion

RReutersOriginal★★★☆☆2026-08-21 10:15

EXCLUSIVE: Tankers stack up as Venezuela sells oil faster than its ports can handle
EXCLUSIVE: Tankers stack up as Venezuela sells oil faster than its ports can handle

WorldPress review: US tightens pressure on Iran as Trump seeks renewed ties with Pyongyang

Russian newspapers report that the United States is threatening broad sanctions against Iran, while Donald Trump seeks renewed contact with Kim Jong Un as US-South Korean military drills are scaled back. Experts say Washington has limited room for fundamentally new Iran sanctions but could expand secondary measures against third-country entities and pressure Iran’s neighbors to restrict ties with Tehran.

US-Iran relationssanctionsNorth KoreaUS-South Korea drills

TTASSOriginal★★★★☆2026-08-21 10:00

Press review: US tightens pressure on Iran as Trump seeks renewed ties with Pyongyang
  • Trump: Deaths of Iranian leaders are hindering a deal with the US

    US President Donald Trump said the deaths of a significant portion of Iran’s leadership are complicating efforts to reach an agreement between Washington and Tehran, adding that no one knows who is leading the country. He said Washington is achieving its goals in the conflict, particularly preventing Tehran from obtaining nuclear weapons.

    Donald TrumpIranUS diplomacynuclear weapons

    TTASS★★★★☆2026-08-21 09:20Original
  • Iranian oil offers to Chinese buyers fall as US blockade bites, sources say
    Iranian oil offers to Chinese buyers fall as US blockade bites, sources say

    Trade sources say Iranian crude offers to Chinese buyers have fallen and prices have risen this week. A U.S. blockade has reduced Tehran’s shipments, while Washington’s threat of further sanctions hangs over the trade.

    IranChinaUS sanctionsOil

    RReuters★★★★☆2026-08-21 08:30Original
  • Iran says Tehran must overcome ‘unjust sanctions’ as U.S. ramps up economic pressure
    Iran says Tehran must overcome ‘unjust sanctions’ as U.S. ramps up economic pressure

    Iranian parliament speaker Mohammed Baqer Qalibaf said Friday that Tehran must devise a plan to overcome what he called “unjust sanctions.” His remarks came a day after U.S. Treasury Secretary Scott Bessent announced sanctions he described as the toughest ever imposed on Iran.

    IranUnited Stateseconomic sanctions

    RReuters★★★★☆2026-08-21 08:25Original

Russia exports over 1,300 tonnes of grain to Armenia via Azerbaijan

Russia sent a third shipment of grain to Armenia through Azerbaijan this week, consisting of 1,108 tonnes of wheat and 273 tonnes of barley. Two earlier consignments of Russian wheat, weighing 1,820 and 2,725 tonnes, crossed the same route on Wednesday and Thursday.

Energy & commoditiesTrade & sanctionsRussiaArmeniaAzerbaijangrain exports

TTASSOriginal★★★☆☆2026-08-21 09:21

Russia exports over 1,300 tonnes of grain to Armenia via Azerbaijan

Zhuhai airport cargo port handles over 15,000 tons in first year

Zhuhai Airport’s international cargo port in Guangdong handled more than 15,000 metric tons of international air freight during its first year of temporary international operations. It now serves eight routes to Southeast and South Asia with over 70 weekly flights, and plans to expand connections to Southeast Asia, the Middle East and South Asia.

Trade & sanctionsZhuhai Airportinternational air cargoGreater Bay Area

CChina News ServiceOriginal★★☆☆☆2026-08-21 09:13

Zhuhai airport cargo port handles over 15,000 tons in first year

Shenzhen Customs signs first sister-port cooperation MOU with Chile

Under the APEC China Year 2026 framework, Shenzhen Customs signed its first sister-port cooperation memorandum with Chile’s Valparaíso Customs on Thursday. The deal expands China-Chile Smart Customs cooperation through information sharing and coordinated enforcement, covering AEO recognition, clearance efficiency, enterprise credit, anti-smuggling and intellectual property protection.

Trade & sanctionsShenzhen CustomsValparaiso Customssmart customsChina-Chile trade

CChina News ServiceOriginal★★☆☆☆2026-08-21 09:09

Shenzhen Customs signs first sister-port cooperation MOU with Chile

China urges U.S. to withdraw Section 232 tariffs on drones, parts

China’s Ministry of Commerce called on the United States to immediately remove Section 232 tariffs on drones and drone components, saying they harm Chinese companies and disrupt cooperation across global drone supply chains. The ministry described the measures as unilateralism and protectionism carried out under an overstretched national-security rationale, and said China firmly opposes them.

Trade & sanctionsChina-U.S. tradedronestariffs

CChina News ServiceOriginal★★★★☆2026-08-21 07:32

China urges U.S. to withdraw Section 232 tariffs on drones, parts

Beijing's January-July exports reach record high

Beijing’s goods trade totaled 2.12 trillion yuan in the first seven months of 2026, up 16.3% year on year, according to Beijing Customs. Exports rose 5.1% to 370.43 billion yuan, a record for the period, while imports increased 19% to 1.75 trillion yuan. Switzerland, the EU, Brazil, Australia and ASEAN were the leading partners.

Trade & sanctionsBeijing tradeexportsimportscustoms

CChina News ServiceOriginal★★★☆☆2026-08-21 05:41

Beijing's January-July exports reach record high

PoliticsTrump Risks China Blowback With Plan to Isolate Iran’s Economy

Treasury Secretary Scott Bessent pledged to intensify pressure on Iran by targeting its economic partners, echoing former President George W. Bush’s warning to US allies after the Sept. 11 attacks. The strategy risks provoking a backlash from China.

TrumpIranChinaeconomic sanctions

BBloomberg NewsOriginal★★★★☆2026-08-21 04:00

Trump Risks China Blowback With Plan to Isolate Iran’s Economy
Trump Risks China Blowback With Plan to Isolate Iran’s Economy
  • US says it will impose 'toughest sanctions in history' on Iran
    US says it will impose 'toughest sanctions in history' on Iran

    U.S. Treasury chief Scott Bessent said the United States would impose what he called “the toughest sanctions in history” on Iran, suggesting the move could reduce the need for new major military operations.

    United StatesIransanctions

    RReuters★★★★☆2026-08-21 00:30Original
  • Iran war live: US vows toughest sanctions and urges China’s support
    Iran war live: US vows toughest sanctions and urges China’s support

    US Treasury Secretary Scott Bessent says Washington will impose its “toughest sanctions in history” to “collapse” Iran’s government, warning that countries maintaining economic ties with Tehran will face consequences.

    IranUS sanctionseconomic pressureChina

    AAl Jazeera★★★★☆2026-08-21 00:00Original
  • Iran did not trigger Middle East escalation, Russia’s UN envoy says

    Russian Permanent Representative to the UN Vasily Nebenzya said the United States, rather than Iran, should be blamed for the latest escalation in the Middle East. He attributed the conflict to what he called Washington’s reckless and unprovoked aggression against Iran, and said Iran was not the party that withdrew from mediated US-Iran agreements.

    Middle EastUnited StatesIranRussia

    TTASS★★★★☆2026-08-20 21:52Original
  • US Treasury secretary says new economic measures will ‘collapse’ Iran
    US Treasury secretary says new economic measures will ‘collapse’ Iran

    US Treasury Secretary Scott Bessent says Washington will impose its “toughest sanctions in history” on Iran alongside a blockade, claiming the measures will collapse the government. He warned countries trading with Tehran could face penalties, while declining to say whether China would be targeted.

    US sanctionsIraneconomic isolationStrait of Hormuz

    AAl Jazeera★★★★☆2026-08-20 19:11Original
  • Bessent urges US partners to back plans to ‘squash’ Iran economy
    Bessent urges US partners to back plans to ‘squash’ Iran economy

    US Treasury Secretary Scott Bessent urged allies to choose whether they support Washington’s effort to “squash” Iran’s economy, warning that countries doing business with Tehran could face US sanctions. He described the planned measures as the world’s largest coordinated economic isolation campaign, with more details due on 24 August.

    United StatesIraneconomic sanctionsScott Bessent

    BBBC News★★★★☆2026-08-20 18:40Original

Xinjiang port handles more than 59,000 China-Europe and Asia freight trains

Horgos Land Port in Xinjiang has handled more than 59,000 freight trains traveling from China to Europe and Asia, including over 6,000 so far this year. Cooperation between customs and railway operators has raised clearance efficiency by more than 50%. The port now serves 91 routes reaching 46 cities and regions in 18 countries.

Trade & sanctionsHorgos Land PortChina-Europe freight trainsCentral Asia freightcross-border logistics

CChina News ServiceOriginal★★★☆☆2026-08-21 03:37

Xinjiang port handles more than 59,000 China-Europe and Asia freight trains

Xinjiang foreign trade grows 4.4% as trade with Africa more than doubles

Xinjiang’s foreign trade reached 335.22 billion yuan in the first seven months of 2026, up 4.4% year on year, Urumqi Customs said. July trade jumped 70.4%. Trade with ASEAN rose 44.3%, while trade with Africa more than doubled, increasing 112.3%.

Trade & sanctionsXinjiang tradeBelt and RoadAfrica trade

CChina News ServiceOriginal★★☆☆☆2026-08-21 03:26

Xinjiang foreign trade grows 4.4% as trade with Africa more than doubles

China regains top spot among Germany’s trading partners in first half of 2026

China was Germany’s largest trading partner in the first half of 2026, with bilateral trade worth 125.5 billion euros. The United States ranked second at 123.7 billion euros, followed by the Netherlands at 109.3 billion euros.

Macro & central banksMarketsTrade & sanctionsChina-Germany tradeGermany economytrade partners

CChina News ServiceOriginal★★★☆☆2026-08-21 03:24

China regains top spot among Germany’s trading partners in first half of 2026

China, Switzerland reach agreement on upgraded free trade deal

China and Switzerland have concluded negotiations on an upgraded free trade agreement and signed a memorandum of understanding. Swiss Federal President and Minister for Economic Affairs, Education and Research Guy Parmelin and Chinese Commerce Minister Wang Wentao announced the outcome after meeting in Bern.

Trade & sanctionsCompanies & industryChinaSwitzerlandfree trade agreementtrade

CCGTNOriginal★★★☆☆2026-08-21 00:00

China, Switzerland reach agreement on upgraded free trade deal
China, Switzerland reach agreement on upgraded free trade deal

US Wants Its Alcohol Back in Canadian Stores, but Some Say Don’t Buy It

Prime Minister Mark Carney has urged Canada’s provinces to lift bans on retail sales of US alcoholic beverages. The move is described as necessary to finalize a trade deal with President Donald Trump, though some people oppose buying the products.

Trade & sanctionsCompanies & industryCanadaUS alcoholtrade talks

BBloomberg NewsOriginal★★★☆☆2026-08-20 22:30

US Wants Its Alcohol Back in Canadian Stores, but Some Say Don’t Buy It
US Wants Its Alcohol Back in Canadian Stores, but Some Say Don’t Buy It

US extends license for talks on Lukoil’s foreign assets until September 19

The US Treasury has extended until September 19 a general license exempting negotiations over the sale, disposition or transfer of Lukoil International GmbH and its foreign assets from American sanctions. The license has been renewed repeatedly since restrictions were imposed on Lukoil and its subsidiaries last October.

MarketsEnergy & commoditiesTrade & sanctionsCompanies & industryLukoilUS sanctionsforeign assetsoil industry

TTASSOriginal★★★☆☆2026-08-20 17:41

US extends license for talks on Lukoil’s foreign assets until September 19

Representatives of 120 Tajik companies meet Russian business mission in Dushanbe

Representatives of around 120 Tajik companies met a Russian business mission in Dushanbe on August 19-20 to discuss importing Russian products. Delegates from 20 Russian firms sought new trade ties, while the Russian Export Center also arranged visits for Tajik companies to Russia to strengthen bilateral business cooperation.

Trade & sanctionsCompanies & industryRussiaTajikistantradebusiness mission

TTASSOriginal★★☆☆☆2026-08-20 16:31

Representatives of 120 Tajik companies meet Russian business mission in Dushanbe

NewNew Shipping Line sees strong prospects for expansion in Murmansk Region

NewNew Shipping Line CEO Ke Jin said the company expects major growth in Murmansk Region, citing support from regional authorities and the port’s status as western Russia’s only ice-free harbor. Six larger vessels are set to begin calls in late October, while the company is ready to invest in infrastructure. A Chinese container ship made the port’s first Northern Sea Route delivery on August 19, carrying automotive components.

Trade & sanctionsNewNew Shipping LineMurmanskNorthern Sea Route

TTASSOriginal★★☆☆☆2026-08-20 15:30

NewNew Shipping Line sees strong prospects for expansion in Murmansk Region
  • Chinese shipping company targets 1.2 million tons on Northern Sea Route by 2027

    NewNew Shipping Line plans to raise cargo volumes on the Northern Sea Route to 1.2 million tons by 2027. CEO Ke Jin said six new container ships would be progressively deployed by the end of October. On August 19, the first container ship from China reached Murmansk via the route, carrying automotive components.

    Northern Sea Routecontainer shippingMurmansk

    TTASS★★☆☆☆2026-08-20 15:21Original
  • NewNew Shipping Line ready to invest in Murmansk port berthing facilities

    NewNew Shipping Line says it is ready to invest in Murmansk port’s berthing facilities so the harbor can accommodate large vessels being built for the route. The company plans to begin sending new ships there as early as late October, with six currently ready to call, while the investment amount remains undisclosed.

    NewNew Shipping LineMurmansk portNorthern Sea Route

    TTASS★★☆☆☆2026-08-20 14:49Original
  • Northern Sea Route to become most reliable route between Russia and China — NewNew Shipping

    NewNew Shipping CEO Ke Jin says the Northern Sea Route could become the safest and most reliable container route linking Russia, China and Europe because the Black Sea route between China and Russia is effectively closed. The company is interested in developing a container port in Murmansk, where the first China-bound container ship to arrive via the route was welcomed.

    Northern Sea Routecontainer shippingMurmansk

    TTASS★★★☆☆2026-08-20 14:31Original

US may halt petroleum product exports this autumn — expert

US petroleum product exports could slow or stop in two months if restrictions on Middle Eastern supplies persist, Eiler analyst Andrey Polishchuk told TASS. He said dwindling strategic reserves may require a new market-balancing decision in 78 days, while autumn refinery maintenance could increase pressure on domestic supply.

Energy & commoditiesTrade & sanctionsUnited Statespetroleum productsstrategic reservesMiddle East

TTASSOriginal★★★☆☆2026-08-20 15:10

US may halt petroleum product exports this autumn — expert

China’s exports of aerospace-critical rare earth yttrium to U.S. rise

Chinese customs data showed that exports of rare earth yttrium to the United States increased in July. The rise could offer some relief to U.S. aerospace buyers that rely on the material for critical aviation applications.

Energy & commoditiesTrade & sanctionsCompanies & industryChinaUnited Statesrare earthsaerospace

RReutersOriginal★★★☆☆2026-08-20 15:10

China’s exports of aerospace-critical rare earth yttrium to U.S. rise
China’s exports of aerospace-critical rare earth yttrium to U.S. rise