Week in Politics: Canada talks collapse; U.S. 'Economic D-Day; record national debt
Summary
Trade talks with Canada collapsed hours before a new tariff deadline. In the same week, President Trump threatened Iran with an "Economic D-Day" as U.S. national debt surpassed $40 trillion.
The administration is applying economic pressure across multiple fronts while fiscal constraints deepen at home.
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The administration is escalating external pressure while its fiscal position gives it less room to absorb the consequences.