UBS Warns Trump's 100% Generic Drug Tariff Puts Indian Pharma "On Notice"; Goldman Flags Reshoring Winners

Iran War Exposes America's Unfixed Supply Chains Authored by David Dayen via The American Prospect, One of the more fascinating sidelights of our war of choice in Iran is how it has reinforced the devastating consequences of our hollowed-out industrial base, consolidated commercial sector, and overreliance on long intermediated supply chains. Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) fires a Tomahawk Land Attack Missile during operations in support of Operation Epic Fury, February 28, 2026. Credit: U.S. Central Command Public Affairs/Cover Images via AP Images For example, the...

The US military has lost around 24 MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, CBS News has reported, citing unnamed US officials. MQ-9 Reapers cost at least $30 million each, meaning the US has lost at least $720 million worth of drones. Officials told CBS that […]