Trump Hits Iran’s Trading Partners With 25% Tariff

President Trump is weighing options as he prepares to meet senior officials regarding anti-regime protests in Iran. A last-minute proposal from Iran for nuclear talks is on the table, but Trump seems inclined toward military strikes, with additional options including cyber attacks and increasing tariffs on nations that engage with Iran. The administration has already initiated a 25% tariff that may adversely impact countries like Turkey and India, with significant effects anticipated for China, Iran's top trading partner.

Minnesota is suing federal immigration authorities, including ICE and CPB, alleging illegal actions that have led to community distress. The lawsuit alleges that the deployment of federal agents is a misuse of power and is retaliatory against political opponents in left-leaning cities. The state's Attorney General, Keith Ellison, voiced concerns about the federal presence being akin to an invasion, while acting ICE Director Todd Lyons defended the federal operations as necessary law enforcement.

The podcast discusses the booming data center industry, driven by a projected $3 trillion in spending over the next five years. Moody's Ratings expert John Medina provides insights into current market trends, saying there's expected to be a growth of 14% in global capacity, with the majority taking place in the U.S. There are discussions about potential overcapacity amid rapid construction, and local pushback regarding resource use—particularly concerning water and power—could lead to regulations that might impact future developments.