Signed on July 4th, the “Big Beautiful Bill” delivers massive corporate tax breaks and slashes safety nets, deepening inequality behind a patriotic display.
Trump’s talk of permanent tariffs and short-term recession alarms GOP senators worried about economic growth, trade stability, and voter backlash.
Rising tariffs threaten to trigger inflation, empty store shelves, layoffs, and global economic disruption, forcing consumers and retailers into a precarious balancing act.