In this eye-opening episode of the Govcon Giants Podcast, I sit down with Peter Harrell, former White House official and global trade expert, to break down what every small business owner, importer, and government contractor needs to understand about today's shifting economic landscape. We talk about the real impact of Trump's aggressive trade tactics—like imposing 145% tariffs with zero notice using 1977 emergency powers—and how small resellers and Amazon sellers are unknowingly taking massive financial hits. Peter explains how sanctions work (yes, even you could break one), what's happening with crypto regulations, and why stablecoins are becoming serious contenders in U.S. financial policy.

We also dig deep into how the current administration might not spend all of its allocated federal funds, what that means for contractors, and why we could see a return of earmarks—yes, earmarks!—as Congress fights back. If you're in the federal marketplace or thinking about jumping in, this is a must-listen. Get ready to learn why keeping clean records could entitle you to tariff rebates, why Buy American could be your golden ticket, and how manufacturing incentives could create the next wave of small business opportunities. This isn't just policy talk—it's survival tactics for navigating the new economy.