In this episode, we talk about how Chairman Jerome Powell’s fight to hold down inflation collides with constant tariff threats, the real impact of the so-called big beautiful bill slashing $1.7 trillion in spending while putting 12 million Americans’ Medicaid coverage at risk, why companies like Ford rely on cross-border supply chains that tariffs can’t easily break, how rivals like Vietnam, South Korea, Japan, China, and Europe build new trade routes to avoid U.S. drama, Walmart’s struggle to plan ahead under constant policy shifts, and how all of this turns tariff threats into hidden taxes buried in every interest rate ordinary Americans pay.