Congressional Trifecta: Ticking-off Iran, China, and Russia

Congress passed bills on 20 April 2024 that provide a total of $95 billion in military aid to Israel, Taipei, and Ukraine; lead to a U.S. ban on TikTok; add sanctions on Iran; and steal billions of Russian assets held in the U.S. A dark day for investor confidence in U.S. as a “safe have,” U.S. foreign policy, and U.S. Citizens (who lose liberties and dollars); but an excellent day for the Iran-Russia-China “Tripartite Alliance,” which will retaliate against the U.S. in Asia-Pacific and Middle East.