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🦅 American News 📰

Man Posing As ICE Agent Robs Victim

• A 37-year-old Houston man blocked a driver on Skyline Drive and falsely introduced himself as an ICE agent before stealing $1,800 and a Guatemalan ID from the victim. He reportedly showed a badge during the robbery and was arrested the next day after a routine traffic stop. The suspect, with a long criminal history including arson and theft, is now jailed on a $100,000 bond. This unsettling case comes amid a troubling surge in impersonators exploiting immigration fears

Trump Halts Canada Trade Talks

• A surprise move Friday: Trump called Canada’s planned 3% digital services tax a “direct and blatant attack” on U.S. tech giants and immediately suspended all trade negotiations, warning of new tariffs within seven days. He slammed Ottawa’s move as copying the EU and said Canada shouldn’t expect more talks until the tax is dropped. The stunt rocked financial markets and intensifies tensions under the existing USMCA framework. With only days until Canada enacts the tax, this could snowball into a full-blown trade standoff.

💸 The "Economy" 📉

Exports Fall, Trade Deficit Widens

• A sharp 5.2 % drop in U.S. merchandise exports in May—the biggest slide since May 2020—pushed the goods trade deficit up 11.1 %, to $96.6 billion, as exports fell by $9.7 billion while imports stayed flat. The decline stems partly from businesses front-loading orders ahead of new tariffs, now reversing as overstocked inventory dampens international demand. While exports of industrial supplies, including crude oil and metals, took the hardest hit, vehicle exports saw a modest rebound. The surprising swing hints at rising economic volatility tied to unpredictable trade and tariff policies.

Fed Inflation Gauge Rises Amid Tariffs

• After showing slight easing in April, the Federal Reserve’s preferred inflation measure the core PCE index jumped to a 2.7% annual increase in May, signaling that anticipated tariff-driven cost pressures may finally be hitting consumer prices. Meanwhile, consumer spending edged down and personal incomes fell, partly due to timing quirks like Social Security adjustments and earlier stockpiling ahead of tariffs. This signals a precarious mix of simmering inflation and weakening demand, complicating the Fed’s decision on interest rates. As tariff effects loom, policymakers remain cautious, monitoring whether persistent price pressures outweigh economic drag.

 🌎 Geopolitics 🪖

Iran Rejects Talks And Inspectors

• Iran flatly denied any upcoming meeting with the U.S., calling recent claims by Trump false, while also announcing it will block nuclear inspectors from accessing bombed sites after recent strikes. The move comes as tensions spike and Iran’s parliament pushes to suspend cooperation with the UN nuclear watchdog. Officials insist the inspections are politically motivated and violate Iran’s sovereignty. With no interest in returning to diplomacy, Tehran’s stance hardens as shown in its rejection of IAEA inspectors.

Arms Race Could Topple Putin Regime

• Poland’s Foreign Minister boldly warns that a fast‑rising NATO arms buildup aimed directly at countering Russian aggression might trigger Putin’s regime collapse in much the same way overspending helped end the Soviet Union.

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Alex Simm