Happy Friday Everyone! Today’s newsletter: 1005 words…3.8 mins
🗞 Today’s Edition: U.S.-Canada Trade Talks Underwater, Israel’s GoT inspiration, Coinbase and NVIDIA on a Winning Streak…& much more!
🚨 Watch For: Potential finalized deal on Israel-Gaza in the coming week.
♟️THE CHESSBOARD
Geopolitics Decoded In 3 Moves
🇺🇸 🇨🇦 Trump Kills Canada Trade Talks: Canada’s Left Saying, “Eh…?”
🛑 Trump just terminated all trade talks with Canada over its 3% digital services tax on U.S. tech giants like Meta and Amazon — calling it “egregious” and a copy of the EU’s playbook.
He blasted Canada as a “very difficult Country to TRADE with,” citing its infamous 400% dairy tariffs, and warned Ottawa will learn its new tariff price tag within 7 days.
📉 Markets reacted immediately, with the S&P 500 paring gains and the Canadian dollar weakening by 0.7%.
PM Carney has failed to comment thus far. The $762 billion annual trade relationship and ongoing USMCA renegotiations are on shaky ground as both sides remain at an impasse. July 21 negotiation deadline approaches. 😬
💣 Israel’s "Red Wedding": Game of Thrones Comes To Tehran
Cue the Game of Thrones theme song…
🇮🇱 Israel's devastating June 13 strike - codenamed "Red Wedding" after the infamous Game of Thrones massacre - wiped out Iran's military leadership in a single blow.
🧨 The operation:
• 200+ jets hit 100 targets
• Decapitated IRGC command (Salami, Bagheri, Rashid killed)
• Lured air force commanders to fatal meeting
⚡ Defense Minister Katz confirmed they hunted Khamenei, who fled underground. The Ayatollah later claimed victory despite catastrophic losses - a "hand slap to America's face" after Trump brokered ceasefire.
🇨🇩🤝🇷🇼 DRC & Rwanda Sign Peace Deal — But It’s…Complicated
After years of rebel violence and border clashes, Congo and Rwanda inked a U.S.-backed peace deal in D.C.
📃 The fine print? Both sides promise to: Pull troops, respect borders, and disarm militias.
The deal’s success hinges on: Coordinated international support, including from Qatar (initial mediator), the U.N., the African Union, and Western investors
🏛 Washington gets bragging rights — plus access to Congo’s critical minerals. But rebels weren’t at the table, and the deal’s vague on enforcement. Translation: Peace? Maybe. A PR win? Definitely.
🗽THE EMPIRE FILES
Political Drama From DC To NYC
Left: Republican Mayoral Candidate Curtis Sliwa; Center: Independent Mayoral Candidate Eric Adams; Right: Democrat (now switching to Independent) Mayoral Candidate Andrew Cuomo
🍎 NYC Mayoral Race Chaos Could Hand Power to a Socialist…
⚔ Both Andrew Cuomo and Curtis Sliwa are refusing to drop out — splitting the anti-Mamdani vote and making it easier for socialist Zohran Mamdani to snatch City Hall.
Cuomo’s clinging to his independent line, despite losing the primary. Sliwa’s defiant, claiming only he can stop Mamdani.
🔍 Eric Adams, running as an independent, needs a clear lane — but with this fractured field, he could be stranded at 13%.
💡 Bottom Line: If New Yorkers do not put their swords down and unite, NYC’s next mayor could be a self-declared communist.
💸🇺🇸 GOP Sets Saturday Vote on Trump’s ‘Big, Beautiful Bill’ — But Party’s Split
Senate GOP leader John Thune is racing to jam Trump’s massive tax and spending package onto the floor Saturday — but Republicans are cracking.
Some senators haven’t even seen the bill text. Cuts to Medicare and a $5T debt limit hike have moderates and fiscal hawks fuming.
With only 3 Republican defections allowed, Thune calls the Saturday vote “aspirational” — translation: buckle up for chaos.
🤖 CODES & POWER
Tech Wars, Crypto Chaos, and AI’s Black Mirror Moments
🪙📈 Coinbase Rockets 43% — Best S&P 500 Stock in June
Coinbase just posted its best month since 2023, soaring 43% and leading the S&P 500. With stablecoin rules locked in and Circle’s IPO booming, analysts say Coinbase has more room to run.
$0-cost exposure to Circle’s USDC revenues
Amex/Shopify/JPMorgan partnerships expand utility beyond trading
CLARITY Act could spark "altcoin summer"
🤑 The crypto giant now banks big on stablecoins, payments, and its USDC revenue deal. Regulatory clarity turns crypto’s pariah into Wall Street’s darling.
💻📈 Nvidia Hits $3.8T, Shrugs Off China Fears
Nvidia stock soared for a 5th straight day, reclaiming its spot as the world’s most valuable company at $3.8 trillion. CEO Jensen Huang warned China’s $50B market may stay locked, but investors didn’t blink.
Next stop? Analysts say Nvidia could crack $4T—and $5T—by 2026.
📜THE DEEP DIVE
One killer insight to stash in your back pocket
SCOTUS Hands A Victory To POTUS - Federal Judges Can No Longer Block The Whole Country
The Supreme Court gutted the ability of lower federal judges to issue nationwide (universal) injunctions — those broad court orders that block a law, executive order, or policy across the entire country.
Now, lower courts can only block a policy for the people who sued, not for everyone nationwide.
🏛️ Key Ruling
6–3 decision led by Justice Amy Coney Barrett: federal district courts lack authority under the Judiciary Act of 1789 to issue nationwide (universal) injunctions, limiting them to issuing plaintiff-specific relief.
⚡ Why This Is Huge for Trump’s Deportation Plans
Trump's birthright citizenship executive order, which tries to deny citizenship to some U.S.-born children of illegals, is still being fought in court.
Before this ruling, one federal judge could issue a nationwide injunction and freeze the policy everywhere — even before it winds through appeals.
Now? Judges can still block the policy, but only for the plaintiffs in the case — meaning:
Deportations, detention policies, or executive orders affecting immigration could still roll out for millions, even as lawsuits play out.
You'd need massive, coordinated legal action from thousands of plaintiffs to halt the policy at scale.
🧭 Broader Real-World Impact
This weakens one of the hard left’s most effective legal tools to stall Trump-era policies before they gain traction.
Trump and future presidents now face fewer immediate, sweeping roadblocks from activist judges — especially on polarizing issues like:
Immigration raids/deportations
Travel bans
Border policies
Social policy rollbacks
💡 Sidebar: This Already Happened Before…
Remember Trump’s 2017 Travel Ban? Within days, a single activist judge blocked the entire policy nationwide — even though only a few people sued. Same thing with efforts to end DACA and other Trump-era policies. Courts used nationwide injunctions to freeze his agenda coast-to-coast.
Today’s SCOTUS ruling? That move is now off the chessboard.
🚨NEWZHAWK QUICK-TALKS
The internet's buzz, curated—so you don't have to scroll the abyss
-The new Mr. & Mrs. Bezos Edition
💀 THE ROAST
Because…you gotta laugh!
