Geopolitics

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.