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

CBS News · August 24, 2026 at 9:29 AM

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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Can we afford Iran?

Vox · 3 h ago

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

This story in other outlets

Can we afford Iran?

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