US imposes new sanctions on Iran, warns China of secondary sanctions risk

GeopoliticsMacro Impact 4
โดย InfoQuest·US·Read original
Summary · why it matters

The US Treasury Department unveiled a new round of sanctions targeting dozens of individuals and entities on Monday, August 24, as part of an operation to drive them out of the financial system that Treasury Secretary Scott Bessent announced to cut off all remaining financial lifelines to Iran, while sending a warning to China and all countries that they could face secondary US sanctions if they continue doing business with Iran. Meanwhile, the US Department of Homeland Security proposed raising the filing fee for H-1B visa petitions under the statutory cap to 103,265 US dollars in order to restrict the visa program through a new approach. The US is also preparing to impose a 7.5 percent tariff on goods from China, citing concerns about China's excess production capacity, ahead of a planned summit between Chinese President Xi Jinping and US President Donald Trump in September. Bitcoin climbed above 80,000 US dollars for the first time since mid-May, trading above 80,900 dollars today, a gain of about 25 percent over the past week, reflecting early signs of recovery after a prolonged market slump. Secretary of State Marco Rubio said the US has removed Syria from its list of state sponsors of terrorism, citing positive moves by the Syrian government to break away from terrorism, after Syria had been on the list for 47 years, in hopes of opening a path to prosperity for the Syrian people. Target, the US retail giant, issued a public apology on Monday and urgently halted sales of a children's Halloween clown costume after heavy online criticism because the design resembled blackface and historical minstrel shows, which are seen as racist symbols that have caused deep offense in American society. Continuous heavy rain in Taiwan left one person dead and at least 164 injured, as authorities prepared for more severe weather with Typhoon Soudelor approaching. Fortescue, Australia's third-largest mining company, announced today that it has suspended a senior executive amid an investigation into a scandal over sexual harassment and workplace bullying, a reversal after the company said just last week that no suspension would take place. Data from TeamT5, a Taiwanese cybersecurity research firm, indicates that DeepSeek has become popular among hackers linked to the Chinese government because of its relatively high capabilities, limited cybersecurity restrictions, and low usage costs. Philippine Defense Secretary Gilberto Teodoro told the House appropriations committee today that the Philippines is preparing to expand its unmanned systems or drone capabilities, along with acquiring missile-armed corvettes and major equipment, to modernize its military and focus on external threats after frequent confrontations with China around disputed islands and reefs within the Philippines' exclusive economic zone in the South China Sea.

Impact on stocks 0

Theme Impact 1

Off-coverage companies 2

DeepSeekPrivate± Mixed
relevance

Fortescue LtdPrivate± Mixed
relevance

Related news

2impact 4

Trump Signs Russia-Iran Sanctions Law, Authorizing Tariffs of Up to 100%

US President Donald Trump signed into law a Russia sanctions bill on Friday, September 18. The law grants authority to expand sanctions, impose customs duties and various prohibitions against Russia, while renewing existing sanctions on Iran. The law, named the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, imposes sanctions on Russian officials, Russian banks and vessels used to transport energy from Russia, and gives Trump the authority to levy tariffs of up to 100% on goods from the five countries that import the most oil or natural gas from Russia. It also extends the Iran Sanctions Act for another five years to maintain sanctions targeting Iran's energy and weapons sectors. The US House of Representatives passed the bill on Wednesday, September 16, after the Senate approved it on August 7. The law is a major achievement carrying on the legacy of Lindsey Graham, the former senator who championed the bill and died in July after a sudden illness. However, the bill faced more division in the House than in the Senate, with three Democratic members of the House saying in a joint statement recently that the law may do more harm than good because it greatly increases Trump's power to set tariffs but does not compel him to impose sanctions on Russia.
Energy Transition & Power Demand Defense & Geopolitical Fragmentation
InfoQuest·1hRead more →
2impact 4

Trump and Denmark Reach Security Agreement Over Greenland

US President Trump said on the 18th that he had reached an agreement with Denmark granting the United States "permanent control" over the security of Greenland, a Danish autonomous territory. Trump announced the agreement on social media, describing it as addressing "all of the many concerns" held by the United States and saying it would cost the United States "nothing at all." According to US government officials, the new agreement explicitly prohibits non-NATO countries from establishing military bases in Greenland and restricts investment in the island that is viewed as a threat to the United States. The leaders of Denmark and Greenland are expected to sign the agreement document at next week's UN General Assembly. Prime Minister Frederiksen said in a statement that it "strengthens our common security in the Arctic and North Atlantic region and is excellent for NATO and Europe as well."
Defense & Geopolitical Fragmentation ▲
Bloomberg·2hRead more →
▲impact 4

Kobsak says US, Denmark and Greenland reach permanent security agreement

The United States, Denmark and Greenland have reached a landmark agreement that opens the way for the US to have a long-term security role in Greenland. Kobsak Pootrakool, Senior Executive Vice President of Bangkok Bank, or BBL, posted on Facebook under the name Kobsak Pootrakool, stating that Denmark and Greenland have granted the US the rights to use Greenland as the US wants, to serve as a key strategic point for building the Golden Dome and for controlling shipping through the emerging Arctic route. President Trump announced that this agreement gives the US permanent control over security and all other necessary matters in Greenland, at no cost to the US, and that countries hostile to the US will not be able to establish military bases, station troops, or invest in sensitive businesses in Greenland without explicit written approval from the US. Kobsak stated that this agreement is eternal, with no end date, and that the US will immediately begin the process of establishing a large military force in suitable areas of Greenland. He also viewed this as significant progress within the framework of the Donroe Doctrine, under which the US seeks to control key points around its neighborhood in North and South America, following Panama, Venezuela, Colombia and Greenland, with Cuba and Brazil remaining, awaiting the October 4 election.
BBL.BK
Defense & Geopolitical Fragmentation ▲
Prachachat·3hRead more →
© 2026 MarketDXNews