New Tariffs Land on Small Business — Plus a Rare Inflation Break

A fresh round of tariffs took effect this weekend, and small importers are absorbing the hit first — Alex breaks down how to find your exposure before your next order ships. Then the New York Fed quantifies just how much harder tariffs hit small firms than large ones, and why pricing is now a monthly decision. Plus a rare bit of good news as inflation cools to three-and-a-half percent, though restaurants aren't feeling it yet. Three stories, five minutes.