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AXIOS (Barak Ravid) - Trump boils over after Tehran kept him waiting

The trigger for President Trump's strikes on Iran was the downing of a U.S. helicopter, but behind the scenes Trump had been growing more and more frustrated over nearly two weeks of waiting for an Iranian response to his latest offer that still has not arrived. Why it matters: The strikes on Tuesday evening were intended to restore some leverage, but be calibrated such that no one would be killed and the possibility of a deal would not be foreclosed, a senior U.S. official told Axios. - At the same time, Qatari mediators were holding talks in Tehran in hopes of getting the negotiations back on track and closing the remaining gaps. - As the Qataris and Iranians met on Wednesday, Trump made new threats. "We're going to hit them again…

NYTIMES (Matina Stevis-Gridneff and Tony Romm) - Trump Says He May Not Renew Canada-Mexico Trade Deal

The president’s comments come at a crucial moment in talks between the three countries over the renewal of their free-trade agreement.

NYTIMES (Theodore Schleifer) - Antonio Gracias, Elon Musk’s Friend, Is Set to Reap Billions From SpaceX’s IPO

Antonio Gracias, an investor who has built a $65 billion stake in the company, exemplifies the economic upside of being Mr. Musk’s ally.