Trump pauses 50 percent tariffs on Canada in last-minute deal
Washington and Ottawa announce agreement to delay new tariffs on Canadian exports shortly before midnight deadline.
![US President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, DC, US on Aug. 10, 2026. [Kylie Cooper]](/wp-content/uploads/2026/08/image-1786395261.jpg?resize=770%2C513&quality=80)
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From: NewsFeed
War on Iran: Saudi Arabia, Turkiye and Pakistan sign defence pact
Saudi Arabia, Turkiye and Pakistan have signed a trilateral defence pact in Mecca aimed at deterring aggression.
Published On 7 Aug 2026
Iran’s grip on trade is a potent weapon, but it has an expiry date
Iran can exploit dependence on Hormuz today, but prolonged disruption will erode that leverage
From: NewsFeed
Mexico deploys troops to secure avocado region after US halts imports
Mexico deployed more than 1,500 troops to its main avocado-producing state after the US suspended export inspections.
Published On 7 Aug 2026
Strait of Hormuz tolls would harm livelihoods worldwide, shipowners warn
Eight leading shipping organisations sign letter opposing fees in critical waterway.
Trump administration refunds $100bn in tariffs struck down by Supreme Court
Move comes after the US Supreme Court struck down many of Trump’s sweeping levies in February.
From: NewsFeed
War on Iran: US-Iran deal edges closer
A deal between the US and Iran could be signed within 48 hours, according to US officials.
Published On 5 Aug 2026
EXPLAINER
Iran, Oman, US ‘close’ to Hormuz deal: What do they all want?
An agreement could restore shipping through crucial waterway, paving way for peace talks between Tehran and Washington.
Trump administration sued by 25 states over new tariffs on trading partners
The states claim the new levies are a pretext to re-impose tariffs that were ruled illegal by the US Supreme Court.
Japan and US confirm rare joint intervention to prop up yen
US President Donald Trump says helping to bolster the Japanese currency is a sign of friendship.
![Japan's Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo. [Issei Kato/Reuters]](/wp-content/uploads/2026/08/2026-08-02T233755Z_609247456_RC2NQMATKU91_RTRMADP_3_JAPAN-YEN-1785717755.jpg?resize=770%2C513&quality=80)
Rubio’s bypass plan: Can the world escape the Strait of Hormuz chokepoint?
Experts warn that Marco Rubio’s Hormuz bypass plan is hindered by pipeline limits and severe Red Sea threats.
