Tariff-driven price bloat hasn't arrived just yet

Prices rose 0.1% in May, according to the latest consumer price
index — that’s less than some analysts anticipated. It seems
tariffs haven’t quite hit consumers’ wallets yet. We’ll explain
what might be going on. Later in the episode: Retailers have cut
close to 76,000 jobs so far this year, a 274% increase from the
same period in 2025, and Kai and Nela visit a truss manufacturer
juggling H2-B visas, automation and tariffs.


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