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⬤ HIGH 24 Aug 2026, 13:29 UTC

Trump administration to announce new sanctions on Iran after 50% tariffs on Canada

Treasury Secretary Scott Bessent is set to announce a new set of sanctions against Iran. Meanwhile, Canada's Mark Carney reacted to the Trump administration's 50% tariff on Canadian goods, saying Canada would match the fees "dollar for dollar." Weijia Jiang has the latest.
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