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On August 22, local time, US President Trump stated at Joint Base Andrews, Maryland, on August 21 that he believed Iran was not yet ready to reach a "suitable agreement," and that Washington was observing "developments" in the conflict. "We have complete control over the entire region around the Strait of Hormuz, including its interior and land areas. So they really want a deal, but in my opinion, they're not ready to reach a suitable deal," Trump added. When asked if the US had limited military options against Iran, Trump stated, "That just means we're watching how things develop." Trump claimed that a shift towards "economic warfare" against Iran did not mean that US military options were limited.
August 22nd - According to CNBC, Anthropic is expected to list negative public sentiment regarding artificial intelligence and data centers as a risk factor in its IPO prospectus, to be released in the coming weeks. Sources familiar with the matter revealed that Anthropic recently held pre-IPO "market scouting" meetings with bankers and investors, who focused on competitive pressures, the impact of its open-source model on profit margins, and the potential risks posed by a slowdown in data center construction. Anthropic, currently valued at nearly $1 trillion in the private market, is preparing for a major IPO. However, with rising public concerns in the US about AI replacing jobs and data center expansion, this backlash is becoming a new challenge for the company's listing. The company has previously achieved an annualized revenue run rate exceeding $65 billion.
August 22 – According to sources cited by the Canadian Broadcasting Corporation (CBC), despite the final stages of US-Canada trade negotiations, US Commerce Secretary Rutnick is dissatisfied with the current draft agreement and is pushing for revisions. Sources say Rutnick opposes reducing Canadian auto tariffs from 25% to 15%, arguing that this could undermine the US's goal of boosting domestic manufacturing. His stance differs from the optimistic signals previously released by Trump and Canadian Prime Minister Carney. Currently, both sides are striving to reach a final agreement before the new tariffs take effect. The draft agreement reportedly includes reducing tariffs on Canadian steel and aluminum, adjusting dairy quotas, and Canada removing some restrictions on US alcoholic beverages. Canadian Trade Minister LeBlanc stated that the two sides are "very close" to reaching an agreement.
Market news: Anthropic listed the public backlash against the AI industry as a risk factor in its IPO filing.
Sources say U.S. Commerce Secretary Lutnick believes the U.S. can still negotiate a more favorable deal and opposes lowering Section 232 tariffs.
Sources say U.S. Commerce Secretary Lutnick is not satisfied with the content of the U.S.-Canada trade agreement currently under negotiation.
On August 22, US President Trump responded to the fact that the US national debt had surpassed $40 trillion, saying that the problem "has existed for 35 years" and the way to solve the debt is "through growth," and that the US is currently experiencing "very strong growth," which will "easily solve" the problem. When asked if he had asked Treasury Secretary Bessant to intervene in the bond market, Trump denied it, saying "absolutely not." Trump stated that Bessant is a "very capable person," and that Bessant himself wanted to take action, adding that Bessant has "a very good intuition about bonds and interest rates."
According to Tasnim News Agency: Aviation sources and flight tracking systems report that an F-35 stealth fighter jet sent an emergency signal while flying in UAE airspace.
According to filings with the U.S. Securities and Exchange Commission (SEC), Boeing (BA.N) has appointed Ryan L. Shedder as senior vice president and chief financial officer.
Fitch: Tanzania’s economy is expected to be resilient to the impact of the war with Iran, with real GDP growth of 5.8% in 2026.
Fitch: Revised Tanzania's outlook to positive and affirmed its rating at 'B+'.
Fitch: (Regarding Poland) The outlook reflects the lack of a credible fiscal consolidation plan, domestic political challenges, and the risk of pre-election fiscal easing.
Fitch affirmed Poland's rating at 'A-' with a negative outlook.
US President Trump stated that shifting to economic warfare against Iran does not mean that US military options are limited.
US President Trump: (Regarding Iran) We have complete control over the entire region.
US President Trump: I did not instruct US Treasury Secretary Bessenter to intervene in the bond market.
US President Trump: Economic growth will solve the national debt problem.
Brazil's Minister of Industry and Trade: Will meet with U.S. Trade Representative Greer next week.
Moody's upgraded Ireland's rating to AA2, reflecting the country's continued improvement in economic and fiscal strength, a trend that is expected to continue.
Moody's: Ireland's debt burden is expected to decline further as stronger-than-expected underlying economic growth will support government revenue.
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Apr 20, 2023 13:54