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Scott Bessent’s ‘Economic D-Day’ Gets Slammed by Economists: Justin Wolfers Compares Strategy to Failed Cuba Embargo, Peter Schiff Questions Credibility

Aug 25, 2026 · 02:06 AM ET· updated 1h ago
Scott Bessent’s ‘Economic D-Day’ Gets Slammed by Economists: Justin Wolfers Compares Strategy to Failed Cuba Embargo, Peter Schiff Questions Credibility

Economists Justin Wolfers, Peter Schiff and Mohamed El-Erian questioned Trump’s escalating Iran sanctions strategy and its broader risks.

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Why It Matters

Some expert economists think a tough new plan might cause problems instead of helping, kind of like other strategies that didn't work well in the past. When grown-ups disagree about big money plans, it's smart to watch what happens next and see if things get better or worse.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.