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Canada And Iran Raise Pressure On The Global Economy

Tariffs, sanctions and oil show how Washington is expanding the use of economic power as a geopolitical tool

Published on August 25, 2026


Canada And Iran Raise Pressure On The Global Economy
Marcello Casal Jr / Agência Brasil

Two decisions announced within hours of each other on Tuesday, August 25, exposed the same reality through different channels: international trade is once again being used as a direct instrument of political pressure. Canada responded to US tariffs, while Iran faced a new round of sanctions from Washington.

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Filed under: business & finance | DonateToRead