After trade talks between Canada and the United States broke down in August, the Trump administration announced 50% tariffs on $20 billion of Canadian imports. This latest round of tariffs is a serious strategic mistake, not to mention an economic one. Countries like Canada increasingly perceive the U.S as an erratic and unreliable…
Page A10From§Eachthe breakfast edition — 2 September 2026
Trump bombed Larak, sanctions won’t stop Iran; next target: Kharg Island, next step: swap British islands for Argentine oil
“Trump bombed Iran, tariffs hit Canada, and the next plan is to trade British islands for Argentine oil. Foreign policy now comes with a punch card: bomb, tariff, barter. The only thing not on offer is stability.”
“This is creative international strategy — tough sanctions, bold tariffs, and innovative trade deals. If the targets keep shifting, it’s only because America is staying ahead of the curve. Did I say ahead? I meant, rapidly adapting. All options are on the table, even the islands.”
The receipts
U.S. forces just launched precision airstrikes against Iranian military targets on Larak Island. The target sits at the narrowest point of the Strait of Hormuz.
The global energy landscape shifted on its axis with America’s acquisition of Venezuela’s oil reserves, giving Washington control over 65 billion barrels of crude. Yet, true strategic foresight requires looking beyond Caracas to cripple adversaries such as Iran. Flooding the market with South American crude collapses global energy…
This page is a back-issue: the story as it ran, receipts as they were. The current edition is at the front.