Iran War: Bessent Sanctions Plan Threatens US-China Tensions | Daybreak Europe 8/25/2026
LIVE FROM LONDON, THIS IS BLOOMBERG "DAY BREAK EUROPE." I’M LIZZY BURDEN WITH YOU. TOP STORIES. THE TREASURY SECRETARY TELLS ANYONE DOING BUSINESS WITH IRAN TO EXPECT SANCTIONS FROM THE U.S. BITCOIN’S RALLY ROLLS ON, CLIMBING ABOVE $80,000 A TOKEN FOR THE FIRST TIME SINCE MAY.VOLKSWAGEN C. E. O.MAKES THE CASE FOR AT LEAST AS 100,000 JOB CUTS FOR THE GERMAN CARMAKER. THAT TRANSATLANTIC SELLOFF WE SAW YESTERDAY HITTING ASIAN STOCKS THIS MORNING. KOREAN CHIP MAKERS LEADING THE LOSSES AFTER NVIDIA POSTED ITS ...