Mark Carney tells US to ‘start being serious’ amid escalating trade war

By: Victoria Bekiempis and Guardian staff

1 September 2026 at 18:48

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults

US politics live – latest updates

Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada.

Days before Canada is due to retaliate against Trump’s sweeping tariffs with its own duties on US goods, the Canadian prime minister criticized US officials for insulting his country. “It is beneath their office,” he said.

Mark Carney tells US to ‘start being serious’ amid escalating trade war

The Guardian

By: Victoria Bekiempis and Guardian staff

1 September 2026 at 18:48

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults

US politics live – latest updates

Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada.

Days before Canada is due to retaliate against Trump’s sweeping tariffs with its own duties on US goods, the Canadian prime minister criticized US officials for insulting his country. “It is beneath their office,” he said.

At G20 Summit, Scott Bessent Says U.S. Has Support for Economic War Against Iran

NYT > Top Stories

By: Alan Rappeport and Jim Tankersley

1 September 2026 at 18:03

The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.

Treasury Secretary Scott Bessent spoke at an event on Tuesday for the Group of 20 nations gathering in Asheville, N.C.

House prices head for historic 10% drop as fourth interest rate hike looms

World news | The Guardian

By: Patrick Commins Economics editor

1 September 2026 at 18:00

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while analysts expect market downturn to continue

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The prospect of the steepest property market downturn in history will not stop the Reserve Bank from delivering a fourth interest rate hike as it battles to bring inflation back under control, economists say.

New data from Cotality revealed house prices are now falling in more than 90% of Australian suburbs, amid a perfect storm of higher borrowing costs, a weak economy, and a once-in-a-generation change in the tax treatment of property investors.

Fugitive property developer won’t give evidence this week to Icac – as it happened

World news | The Guardian

By: Achol Arok and Nick Visser

1 September 2026 at 10:18

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43 Australians still missing, with concerns growing ‘every day, every hour’ that goes by, Wong says

The foreign affairs minister, Penny Wong, says there are still 43 Australian missing after the flooding in Nepal, saying the government holds grave concerns for their safety that only gets worse as the days go by.

This is such a distressing time and I know this is so difficult for the family and friends of those 43 Australians.

Every day, every hour, only increases our concern for those who have not been found and remain missing, and that is many Australians. … You can imagine how many families and friends are traumatised as a consequence.

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