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

Treasury Secretary Scott Bessent’s pledge to launch an “economic D-Day” against Iran raises the risk of a broader US confrontation with China, given China’s role as the US’s main trading partner. The report suggests aggressive actions against Beijing are plausible but contingent, implying uncertainty for trade and supply-chain stability.

Analysis

Treasury Secretary Scott Bessent’s pledge to launch an “economic D-Day” against Iran raises the risk of a broader US confrontation with China, given China’s role as the US’s main trading partner. The report suggests aggressive actions against Beijing are plausible but contingent, implying uncertainty for trade and supply-chain stability.