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Why Bessent’s Iran D-Day Threat Hinges on His Willingness to Hit China

Bloomberg Markets Tuesday 25 August 2026, 04:23 UTC 1 min read
Key Points

Aug 25th, 2026 Why Bessent’s Iran D-Day Threat Hinges on His Willingness to Hit China Treasury Secretary Scott Bessent’s threat to unleash an “economic D-Day” against Iran risks setting the US on a collision course with China, its main trading partner. Bloomberg's Jon Herskovitz breaks down the likelihood that the US will take aggressive actions against Beijing.

Aug 25th, 2026 Why Bessent’s Iran D-Day Threat Hinges on His Willingness to Hit China Treasury Secretary Scott Bessent’s threat to unleash an “economic D-Day” against Iran risks setting the US on a collision course with China, its main trading partner. Bloomberg's Jon Herskovitz breaks down the likelihood that the US will take aggressive actions against Beijing.
Bessent (PERSON) Iran D-Day (EVENT) China (LOCATION) China Treasury (ORG) Scott Bessent (PERSON) Iran (LOCATION) US (LOCATION) Bloomberg (ORG) Jon Herskovitz (PERSON) Beijing (LOCATION)
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