The US and Iran are talking through mediators, but there are major differences over what a deal should look like.
![U.S. President Donald Trump speaks with Canadian Prime Minister Mark Carney at a working lunch with leaders of G7 and the Middle East, in Evian-les-Bains, France, June 16, 2026. [Evelyn Hockstein/Reuters]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/09/reuters_6a9f7f97-1788837783.jpg?resize=770%2C513&quality=80)
Trade war has been central to Trump’s presidency, but it didn’t slash US deficits. Meanwhile, China recorded a surplus.
Scott Bessent and He Lifeng meet in New York for US-China talks ahead of the Trump-Xi meeting later this week.
Announcement comes as Canada seeks a closer relationship with the EU amid a trade war with the US.
A 50 percent tariff has disrupted dairy exports, leaving Canadian farmers with milk that cannot be redirected overnight.
Mexican president says she is seeking a decrease in tariffs as both countries seek new bilateral trade deal.
This is the latest step in Canada’s bid to move closer to Europe amid bitter trade war with the US.
Canada’s prime minister outlines plans for stronger ties with the EU.
In address to European parliament, Canadian Prime Minister Mark Carney listed areas where he wants to boost cooperation.
US President Donald Trump had tried to pressure the Fed to lower rates, but it voted unanimously to raise them instead.
The US president threatened heavy tariffs and said the US could cut some trade with Europe over the proposed status.
![Cows on the milk production turnstile at Casey Pruim's Prime Acres Ltd. dairy farm in Abbotsford, British Columbia - each cow is milked three times a day to produce 30 litres of milk [Ali Mustafa/Al Jazeera]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/09/DSLR_PRUIM80-1789051513.jpg?resize=770%2C513&quality=80)
