Trump pauses 50-percent tariff on Canada in last-minute deal
Washington and Ottawa announce agreement to delay new tariffs on Canadian exports shortly before midnight deadline.
![People shop for snacks at a confectionery store in Tokyo, Japan on July 28, 2026. [Manami Yamada/Reuters]](/wp-content/uploads/2026/08/2026-07-28T082141Z_42050299_RC2TMMAEQ1YT_RTRMADP_3_JAPAN-ECONOMY-1786938604.jpg?resize=770%2C513&quality=80)
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Colombia asks Trump to suspend tariffs as country reels from earthquake
Post-earthquake reconstruction is expected to cost about $6.4bn, but Colombia has been hit by renewed US tariffs.
![Colombia's President Abelardo de la Espriella said he had a "friendly and cordial" conversaiton with his supporter Donald Trump, in which he asked him to suspend planned tariffs on the quake-hit country. [File: Esteban Vega La-Rotta/AFP]](/wp-content/uploads/2026/08/afp_6a80e6411ac4-1786832449.jpg?resize=770%2C513&quality=80)
Taiwan passes defence budget after record delay, retains drone funding
Taiwan parliament ends deadlock, ensuring vital drone programme funding amid rising cross-strait tensions with Beijing.
CEO pay skyrockets in 2025 amid growing income inequality in the US
Elon Musk earned 2.5 million times more than a Tesla worker’s median pay in 2025, despite revenue and sales declines.
Liverpool to sell minority stake to consortium including Jeff Bezos
The 1892 Holdings consortium, led by former QPR chairman Amit Bhatia, also includes Bezos’s K5 Sports Fund.
US accuses dozens of countries of helping China avoid Trump’s tariffs
White House report claims tens of billions of dollars in annual revenue lost to transshipments.
Brazil opens reciprocity process against United States over tariffs
Brazil has not yet decided whether it will proceed with retaliatory measures, but commits to defending its position.
![Brazil’s President Luiz Inacio Lula da Silva has promised to ivoke Brazil's "Reciprocity Law" to protect the Brazilian economy from US tariffs. [Evaristo Sa/AFP]](/wp-content/uploads/2026/08/afp_6a7e8207de9b-1786675719.jpg?resize=770%2C513&quality=80)
From: Counting the Cost
Is Russia’s economy cracking despite the Iran war windfall?
A widening deficit and Ukrainian strikes are testing Russia’s economy, even as war in the Middle East lifts oil revenue.
Published On 13 Aug 2026
EXPLAINER
Five charts that explain the high cost of living in the UK
UK Prime Minister Andy Burnham is on a nationwide tour to listen to the ‘financial concerns’ of the people.
From: NewsFeed
Why tariffs are not the right tool to bolster US production
Donald Trump’s second term has been defined by tariffs, but experts question whether they actually work.
Published On 13 Aug 2026
Paramount Skydance mulls CNN sale amid antitrust merger challenge
Paramount’s legal officer hints at CNN sale as 12 states, led by California, file lawsuit to block merger with WBD.
