SBS News

Trump Claims Canada Wants Benefits Without Being a US State Amid Trade Tensions Following the collapse of the talks, apart from the high tariffs already imposed on Canadian steel, aluminum, and automobiles, the US newly slapped a 50% tariff on items such as wine, dairy products, cement, apparel, and ice hockey equipment. SBS Aug 23, 2026 5:33 PM

"Iran-Linked Cyberattack Shuts Down UK Power Plant for Four Days" A power plant in the UK was shut down for four days due to an Iran-linked cyberattack, the UK's Telegraph reported on the 22nd . SBS Aug 23, 2026 5:23 PM

Japan Considers Exempting Inheritance and Gift Taxes for SMEs That Invest and Raise Wages Japan's Ministry of Economy, Trade and Industry is reviewing a tax reform proposal to alleviate the tax burden on SME successors who promise to use the capital secured through tax exemptions to improve corporate productivity or raise wages. SBS Aug 23, 2026 3:33 PM

AI Server Prices Surge: Nvidia Notifies Customers of 15% Price Hike Bloomberg reported that Nvidia recently informed major customers that the prices of its AI chip systems will rise by more than 15%. SBS Aug 23, 2026 2:53 PM

Canada's Carney Declares 'War' on US Over Trade Conflict; Ties Head Toward Catastrophe Experts note that accumulated tensions since the launch of the Donald Trump administration have exploded following this negotiation collapse, fundamentally shaking bilateral relations. SBS Aug 23, 2026 2:00 PM

Japan's Expansionary Fiscal Policy Backfires: Next Year's Debt Servicing Costs to Surge 17% According to the Nihon Keizai Shimbun on the 23rd , the Japanese Ministry of Finance plans to allocate a record 36.6 trillion yen (approximately 319 trillion won) for government bond redemption and interest payments (national debt expenses) in its budget request for fiscal 2027 (April 2027 to March 2028). SBS Aug 23, 2026 1:32 PM

AI Server Prices Surge: Nvidia Warns Clients of 15% Price Hike Citing sources, Bloomberg reported on the 22nd, local time, that Nvidia recently informed major clients that the prices of its AI chip systems will rise by more than 15%. SBS Aug 23, 2026 10:46 AM

Canada Retaliates Against U.S. With Counter-Tariffs... Tariff Conflict Reignites As trade negotiations between the U.S. and Canada collapsed, leading the U.S. to impose a 50% tariff on 20 billion dollars worth of Canadian goods, Canada has fought back by announcing retaliatory tariffs. SBS Aug 23, 2026 10:37 AM

Magnitude 5.9 Earthquake Strikes Ibaraki Prefecture, Eastern Honshu, Japan; Shaking Felt in Tokyo According to the Japan Meteorological Agency , the hypocenter was at a depth of approximately 68 kilometers. SBS Aug 23, 2026 8:55 AM

US Republican Lawmaker Questions Trump's Reduction of South Korea-US Joint Exercises, Urges Restoration Appearing on the weekend current affairs TV program Bloomberg This Week on the 22nd local time, Representative McCormick, a member of the House Armed Services Committee, stated, "I hope this measure is temporary." Regarding South Korea, McCormick emphasized, "We need to ensure that they maintain a closer relationship with us," adding that relations between South Korea and "other countries that basically want to practice communism" should not be allowed to become closer than its relationship with the US. SBS Aug 23, 2026 7:31 AM