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

Treasury Secretary Scott Bessent’s warning of an “economic D-Day” posture against Iran raises the risk of a broader US-China collision given China’s role as the US’s main trading partner. The article assesses that aggressive actions aimed at Beijing are possible but not assured, implying a likely policy-uncertainty overhang. Net impact is modest-to-moderate as the market may price higher geopolitical and sanctions risk without a confirmed execution path.