Bloomberg · Mar 2, 2026 · Collected from RSS
For the past year, economists have modeled the impact of US President Donald Trump’s chaotic trade war. Now, it’s a real war they’re assessing.
Bloomberg's Minmin Low explains the reasons for China's opposition to US and Israeli strikes on Iran, and lays out how recent events may affect the upcoming summit between Xi Jinping and Donald Trump. (Source: Bloomberg)
Travel disruptions are continuing through the Middle East and beyond, as carriers across the Persian Gulf extended blanket flight suspensions. Bloomberg's Danny Lee reports. (Source: Bloomberg)
Henry Huiyao Wang, founder and president of the Center for China and Globalization, says the US-Israeli strikes on Iran have pushed the world into a “law of the jungle” era. He argues that the attack has opened a Pandora’s box that exposes all countries to new risks and uncertainty. Wang also warns that Beijing will not limit itself to verbal responses if the conflict escalates and threatens China’s national interests. (Source: Bloomberg)
Soybean oil jumped to the highest level in more than two years, tracking crude prices higher after strikes by the US and Israel on Iran over the weekend.
BNP Paribas’ Jason Lui says traders are looking to commodity markets for cues as to the duration of the conflict following US and Israeli strikes on Iran. He speaks as stocks fall and crude oil rallies as investors trim risk exposure.
Sectors such as aviation, paints, tires, and specialty chemicals may come under pressure.