Sunday's News Links

[AP] US and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread

[Politico] Inside the 72 hours that cratered the US-Canada trade deal

[AP] Iran’s president says US memorandum is best path out of stalled war, and other Middle East news

[Reuters] Iran says new sanctions threatened by 'desperate' US will fail

[Yahoo/Bloomberg] Bessent Has No Easy Fix for What’s Really Driving Bond Yields Up

[Yahoo/Telegraph] Trump is in another unwinnable war – this time with the bond market

[Yahoo/Fortune] Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together

[Bloomberg] ‘It’s a Carry World’: EM Trade Notches Longest Run Since 2008

[Bloomberg] Warsh to Make First Jackson Hole Speech as Fed Chair

[Bloomberg] China ‘Actively Committed’ to Iran Talks With Tensions Rising

[Bloomberg] Putin Is Betting Russia Can Out-Suffer Ukraine

[NYT] U.S. Economy Could Feel the Sting From Trade War With Canada

[NYT] The Data Center Backlash Bursts Into the Midterms

[NYT] The World’s Breadbaskets Are Getting Pounded by War, Weather and Trade Spats

[WSJ] U.S., Canada Spiral Toward Trade War

[WSJ] What’s Getting Hit With the New U.S.-Canada Tariffs

[FT] Mark Carney says Canada ‘at war’ with US over trade

[FT] Anthropic’s best AI model struggles to attract users as cheaper tools thrive

[FT] Are America’s vast Gulf bases worth rebuilding?