Canada Retaliates With 20 Billion in Tariffs, Iran Restarts Hormuz Talks and Nvidia Reports Today

Headline news for August 26, 2026: Canada announces twenty billion US dollars in retaliatory tariffs on US goods effective September eighth matching Washington dollar for dollar across seven hundred products as trade talks collapse. Iran restarts Hormuz talks with Oman, sending oil down two per cent. Nvidia reports quarterly results today in a closely watched test of the AI trade.  Synopsis: A round up of global headlines to start your day by The Business Times.  Written by: Claressa Monteiro (claremb@sph.com.sg) Produced and edited by: Claressa Monteiro or Nicole Teo Produced by: BT Podcasts, *The Business Times*, SPH Media Produced with AI text-to-speech capabilities \--- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt  WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Lens On: bt.sg/btlenson See omnystudio.com/listener for privacy information.