The US-Canada trade war intensified over the weekend after the Trump administration warned Ottawa that retaliating against Washington’s new tariffs could bring “devastating” economic consequences. Canada, however, has refused to back down, with Prime Minister Mark Carney announcing counter-tariffs after trade negotiations collapsed. Trump Canada tariffs

Iran has portrayed Washington’s intensified economic campaign against Tehran as evidence that the United States failed to achieve its objectives through military pressure. An Islamic Revolutionary Guard Corps spokesperson said Iran was prepared for further US actions and would seek to limit the impact of economic pressure while expanding ties with other countries.