The Offer vs. the Strait: A US-China Deal Meets a Closed Hormuz

Podcast: The Circuit Brief · The Circuit Brief

Opublikowano: 2026-09-28

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Monday, September 28, 2026. A US-China trade deal cutting tariffs on $30B of goods each way was announced -- but the Strait of Hormuz staying closed after Trump rejected Iran's reopening offer pushed oil and the 10-year yield higher, and stocks fell anyway. Plus: chip export controls left out of the trade deal, and what's ahead this week -- JOLTS and consumer confidence Tuesday, PCE inflation and Micron earnings Wednesday, the September jobs report Friday.