AFBytes Quarter Rundown — Monday, August 24, 10:00 PM ET

Here's what you need to know from the last 24 hours. A former U.S. ambassador to China warns against new Iran sanctions that also target Beijing. Officials are considering secondary sanctions that could impact U.S.-China trade. This could raise energy prices and disrupt supply chains, affecting American households and national security. The Trump administration announces new trade measures against Canada. Ontario Premier Doug Ford responds with threats to restrict electricity and mineral exports. This escalates rhetoric, raising risks to cross-border supply chains and affecting household budgets. The administration prepares tariffs on Chinese goods, arguing they address unfair pricing. This could raise costs for American families and affect manufacturing supply chains. Retaliatory duties from China could hit U.S. exporters. The U.S. prepares secondary sanctions against countries trading with Iran. Treasury officials describe this as an economic offensive but acknowledge risks to the broader financial system. This could raise global oil prices and affect American households. Additional U.S. economic pressure on Iran raises questions about possible retaliation. Iranian actions have already reduced traffic through the Strait of Hormuz. This could raise global oil prices and affect American households and businesses. That's the day from where we sit — thanks for spending part of it with us. Stay with us at AFBytes for what's next.