Wire report
US treasury secretary announces ‘onslaught’ of sanctions to isolate Iran from world economy – live
Scott Bessent says treasury is launching ‘economic onslaught against Iran’s financial connections’ as Tehran vows to retaliate against cooperating countries Sign up for the US Breaking News email Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week. On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!” Trump wrote. Continue reading...
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Scott Bessent says treasury is launching ‘economic onslaught against Iran’s financial connections’ as Tehran vows to retaliate against cooperating countries Sign up for the US Breaking News email Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week. On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!” Trump wrote. Continue reading...
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What happened
According to The Guardian’s source item, US treasury secretary announces ‘onslaught’ of sanctions to isolate Iran from world economy – live, Scott Bessent says treasury is launching ‘economic onslaught against Iran’s financial connections’ as Tehran vows to retaliate against cooperating countries Sign up for the US Breaking News email Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week. On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!” Trump wrote. Continue reading…
Context
The development sits in VINI’s Markets file for readers following markets, companies, finance, insurance, public policy, and economic signals. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-08-24T17:53:51+00:00.
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Source
Primary source: US treasury secretary announces ‘onslaught’ of sanctions to isolate Iran from world economy – live via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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- US treasury secretary announces ‘onslaught’ of sanctions to isolate Iran from world economy – liveThe Guardian - 2026-08-24T17:53:51+00:00
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