The Trump administration is back on the warpath. Over the weekend, the government resumed military attacks on Iran for the first time in a month, which in turn prompted retaliatory Iranian strikes against the United Arab Emirates and American bases in Jordan. On Monday, Fox News correspondent Trey Yingst said the president told him that “there will be a US response” to the Iranian attack on US forces in Jordan.

Which is all to say that Iran, thanks in part to economic support from China, isn’t backing down.

The Trump administration also signaled that it may ramp up economic........

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