Iran's foreign minister Alaghezi held a phone call with Pakistan's army chief Munir on Saturday to discuss regional developments and security issues.

U.S. Trade Representative Greer said the U.S. has proposed cutting tariffs on most Canadian steel products to 25% and reducing aluminum tariffs from 50% to 25%.

Aug 22 — Nio founder, chairman and CEO Li Bin told the 2026 China Chief Economist forum at Fudan School of Management that 2026 is a pivotal year for new-energy vehicles as competition intensifies. He said the China auto industry is entering four stages: an increasingly brutal final competitive phase; accelerated BEV penetration; a shift from brand chaos to brand clarification; and a move from single-point to systems-level competition. Li said the next two years will be critical in determining which automakers can keep pace and which will be left behind.