Canada Hits Back with Tariffs as US-Iran Conflict Escalates

Canada has imposed tariffs on around $20 billion worth of US goods in response to the latest round of US tariffs on Canada. The move is seen as a test of whether Canada's economy can withstand President Donald Trump's economic pressure and serve as a model for other governments.

The US military destroyed five Iranian crude oil tankers following attacks on a US warship by Iran's Revolutionary Guard, according to the U.S. Central Command. This marks the latest tit-for-tat strikes as Washington and Tehran lurch back toward fighting during more than six months of war.