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Trump Threatens ‘Economic D-Day’ Against Iran | Balance of Power 08/20/2026
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August 20, 2026
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51:23Now Playing"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Republican Rep. Mike Lawler of New York says the US should "hold the Chinese to account" for facilitating Iran's illicit oil trade as President Donald Trump pushes an economic "D-Day" against Tehran. Josh Lipsky, Vice President & Chair of International Economics at the Atlantic Council, says Beijing is betting President Donald Trump wants to make a "big show" of economic pressure on Iran but will stop short of squeezing Chinese banks. Dana Stroul, Senior Fellow and Director of Research at the Washington Institute for Near East Policy, says imposing more punishing economic pressure on Iran will depend on cooperation from partners including the UAE and China.
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