Business
Trade Tensions Escalate Between U.S., Canada and China
Tensions are rising in global trade as the U.S. tightens financial controls on Chinese banks, prompting Beijing to build alternatives like CIPS. Meanwhile, Canada is preparing for potential retaliation against new Trump tariffs.
Coverage timeline — 2 articles
CNBC
The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.
2026-08-25 12:42 UTC
CNBC
Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect.
2026-08-25 13:06 UTC