All articles
2026-08-30
Trump's tariffs were supposed to hurt China. They've made it dominant in ASEAN instead.
New data shows Chinese firms have expanded market share in nearly 40% of major goods categories globally. China-ASEAN trade is on track to exceed $1 trillion for the year. The tariff strategy has a problem.
2026-08-30
Bessent says the Iran sanctions will be unlike anything seen before. Tehran has heard that before.
The US has been sanctioning Iran since 1979. A Congressional Research Service report describes them as arguably the most extensive sanctions the US maintains on any country. Iran is still there.
2026-08-30
Oil is at $94 and the market still thinks this ends cleanly
Brent crude hit its highest level since late July this week. Shipping through Hormuz is running at less than half its pre-war volume. And somehow the consensus is still that this resolves in an orderly way.