Episode Details

Tensions between Washington and Tehran have reached a new peak as President Trump threatens an 'Economic D-Day' aimed at total isolation of the Iranian regime. This comes as the national average for gasoline hits $4.11 per gallon and shipping through the Strait of Hormuz struggles to recover. Simultaneously, Canada has formally entered a trade war with the U.S. after Prime Minister Mark Carney rejected a deal he described as 'unfair,' leading to 50% tariffs on $20 billion of Canadian imports. In Europe, finance ministers from six nations are pushing for a windfall tax on energy firms to address the cost-of-living crisis triggered by these global supply shocks.

Topics Covered

• ⚡ Iran Conflict: President Trump vows 'crushing economic warfare' while Iran warns countries against joining U.S. sanctions.
• 💼 Trade War: Canada retaliates against U.S. tariffs on steel, dairy, and electronics following collapsed negotiations.
• 📊 Energy Crisis: Six EU nations, including Germany and Italy, propose windfall taxes on oil company profits.
• 🏛️ Legal Updates: Opening statements begin in the Tupac Shakur murder trial as suspect Duane Davis pleads not guilty.
• 🌍 Severe Weather: Tornadoes touch down in New York and Delaware while wildfires devastate Spokane, Washington.
• 🔬 Space Exploration: NASA astronauts complete a six-hour spacewalk at the International Space Station to prepare for new solar arrays.

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• (00:00) - Introduction
• (00:02) - US-Iran Economic Escalation
• (00:02) - Global Trade and Legal Briefing
• (05:39) - Today's Watchlist