Trade War Escalation: Transshipment Scam & Tariff Risks

New White House 'Great Transshipment Scam' proposals risk inflation and retaliation. Immigration drops from 2.7M to 321K, AI filling labor gaps but structural mismatches persist. Tariff refunds up to $2B challenge cost narrative; small businesses face $306K extra tariff cost. Senate tariff rebate bill stalled. Stagflationary risks from tariffs, immigration, and Iran war. Agricultural groups urge SAWA workforce act. Oil prices rise on Iran ceasefire expiration. New data: Economists warn immigration crackdown backfiring—native-born unemployment rising, food shortages warning.