Bessent launched "Operation Economic Outcast" against Iran, promising to cut off every economic lifeline the regime has. Big talk — but will we actually sanction Chinese, Russian, and North Korean banks? When CBS asked directly, Bessent wouldn't give a straight yes. I don't believe it's coming, and history says most sanctions programs like this don't achieve their stated goal, even when I hope this one does. Meanwhile the Canada trade war just escalated — 50 percent tariffs are live, Canada's hit...
Bessent launched "Operation Economic Outcast" against Iran, promising to cut off every economic lifeline the regime has. Big talk — but will we actually sanction Chinese, Russian, and North Korean banks? When CBS asked directly, Bessent wouldn't give a straight yes. I don't believe it's coming, and history says most sanctions programs like this don't achieve their stated goal, even when I hope this one does. Meanwhile the Canada trade war just escalated — 50 percent tariffs are live, Canada's hitting back dollar for dollar, and it's an odd time to drive up consumer prices when affordability is the biggest political issue in the country. All of it today.
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