World Business Report - Iran faces 'greatest financial offensive ever'

Download Iran faces 'greatest financial offensive ever'

The US has announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said is "the single greatest financial offensive ever".

Trade relations between Canada and the United States have sunk to a new low after weeks of urgent talks fell apart over the weekend.

Meanwhile Ed Butler takes a look at the growing trade tensions between the European Union and China.

Published on Monday, 24th August 2026.

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