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Canada has introduced retaliatory tariffs against the United States as a trade dispute between the two nations escalates. This move coincides with new US sanctions targeting dozens of Iranian airlines.
US sanctions 27 Iranian airlines with third country firms targeted China Daily
A US minister announced plans to block two Iranian airlines' access to landing slots, aiming to intensify pressure on Tehran authorities.
President Donald Trump signed orders banning imports of Canadian dairy, alcohol, and motorcycles, escalating the trade war in response to Ottawa's countertariffs. The measures also aim to remove Canadian products from US government procurement contracts.
The US Treasury Department has imposed new targets on Iranian airlines as part of an escalating economic pressure campaign against Iran.
The US Treasury chief has issued a warning that businesses collaborating with Iranian airlines risk facing sanctions, reinforcing the country's economic pressure on Iran.
The US Treasury Secretary announced plans to shut down Iranian airlines' access to landing spots and ticket sales, asserting that the Iranian economy is in 'free fall' due to ongoing blockades.