Trump’s ‘economic D-day’ against Iran risks driving the stakes even higher | Sina Toossi

Donald Trump has found a new way to promise victory over Iran. After months of war have failed to force Iran’s capitulation or collapse, his administration has unveiled what the US Treasury secretary, Scott Bessent, calls Operation Economic Outcast: an effort to cut it off from what remains of the global economy and threaten foreign governments, banks and companies with sanctions if they continue doing business with Tehran. There is no question that Iran is vulnerable. Its economy has been battered by years of sanctions, war and a months-long US…

Is the US actually too chicken to take on China for trade?

Since China offered a truce in the trade war last October following its threat to deprive the United States of rare-earth magnets, the Trump administration has been happy to stop escalating. After all, imports from China have been falling, down by 40% in the year to June, compared with the same period in 2024. Best to declare victory and call it a day. But the US hasn’t won this battle – and there’s strong evidence to show it’s too chicken to really try. Last week the White House was forced…

Pentagon threatens to cut federal funding to 30 universities over foreign academic partnerships

Thirty US universities could lose federal funding unless they review and cut foreign academic partnerships the Pentagon considers a national security risk within the next two weeks, under a Pentagon directive aimed largely at ties to Chinese institutions. Harvard, the Massachusetts Institute of Technology, Johns Hopkins, Georgetown and Cornell are among the institutions ordered to conduct and report the reviews – and end partnerships deemed problematic – by 31 August, according to a US official who provided the full list to the Guardian. “The Department of War has zero tolerance…

The Fauci hearing was painful to watch. But we need answers on Covid-19’s origin| David Relman

As a microbiologist and infectious disease clinician, it has been tough to watch the recent devolution of public discourse on Covid-19 origins. It has been especially difficult for me to read the comments of Anthony Fauci about the origins debate in his now-public diary. And it has been painful to watch the televised spectacle hosted by the US senator Rand Paul on 29 July involving a hostile interrogation of Fauci. Despite many early pleas, including my own, for a dispassionate, objective assessment of what we know, don’t know and need…

Why did Saudi Arabia just spend billions on a video games company? – podcast

Saudi Arabia’s crown prince, Mohammed bin Salman, loves a video game. That might explain why Saudi Arabia has borrowed billions to buy Electronic Arts. And that’s just the latest in a long list of ways the Middle Eastern powerhouse has invested in esports. But why would such a powerful government take a risk with video games? As Keith Stuart and George Osborn tell Annie Kelly, it’s part of a pattern of superpowers and authoritarian regimes seeing games as handy propaganda tools. And this is why critics are worried about countries…

US to shut five consulates as critics fear China could fill diplomatic vacuum

The US state department is to shut five foreign consulates and missions across Asia, Africa, North America and the Caribbean, drawing criticism that it is leaving a diplomatic vacuum at risk of being filled by China. The US Congress has been served notice of the impending closures, which are being justified on cost grounds and follow a reassessment of the US’s bilateral relationships with a range of countries since Donald Trump returned to the White House in January 2025. According to a notice served to several congressional committees, missions will…

China’s tech advances are causing chaos from Silicon Valley to the White House

Over the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and robotics technologies have rattled financial markets, caused divisions among US tech moguls and left the Trump administration scrambling to respond. Silicon Valley has long pointed to China’s tech industry as a competitive threat and used its growth as rationale for why US firms should not face regulatory oversight that could slow them down. In recent weeks, however, China’s progress has pushed US tech CEOs past vague warnings and into open disagreement over how to address…

FCC bans humanoid robots from China, citing ‘unacceptable risks’

The Federal Communications Commission announced a ban on humanoid robots from China on Tuesday, saying that the technology poses “unacceptable risks” to the country’s national security. The move comes as the Trump administration has increasingly sought to keep Chinese technology out of the US. The FCC defines the banned robots as “advanced robotic devices”, which include humanoids and animal-like quadrupeds. “Advanced robotic devices collect data that could be leveraged by malign actors to surveil Americans, enhance the capabilities of foreign intelligence services, or to remotely commandeer the robots,” FCC officials…

Democratic lawmakers propose bank funded by China tariffs to boost US manufacturing

Democrats in the US Congress have laid out plans for what they say would be the “boldest” bid to revitalize the country’s industrial heartlands since the second world war – using revenue raised by tariffs on China. A bill introduced this week would create a new bank to strengthen domestic manufacturing, provided with up to $15bn in funds each year. The bill, led by US representatives Ro Khanna, Tom Suozzi and Debbie Dingell, is entitled the Industrial Bank for American Manufacturing Act. “This is one of the boldest industrialization proposals…

Trump is invoking foreign election interference to justify his own | Jamil Smith

There is a version of this country in which Donald Trump tells Americans the truth he has been handed: that their elections are secure. Once, he apparently wanted to. The Atlantic reported after Thursday night’s address that a February 2020 election-security briefing pleased Trump so much he wanted to announce the news himself. The press conference never happened. The election did, and Trump lost it. More than six years later, he mocked the assurances he once wanted his name on, describing a system “so broken and so vulnerable that no…