Kai Ryssdal

When things go haywire, they're going to ignore anything that's not right in front of their noses.

We will have the details when we do the numbers.

Treasury Secretary Scott Besson said today that those tariffs that President Trump announced after the Supreme Court ruling against him a couple of weeks ago, the 10 percent tariffs the president imposed, Besson said today that could go up to 15 percent as soon as this week.

One hesitates to presume the Secretary of the Treasury isn't aware of this, but that tariff bump would be feeding into an economy already dealing with the inflationary pressures that war brings.

And we're going to talk about that and some other stuff with Heather Long.

She's the chief economist at Navy Federal Credit Union, also comes by on Fridays from time to time.

Hi, Heather.

Hi, Kai.

What is your inflation spidey sense, if you will, telling you right now?

So let's talk transmission mechanisms, oil and gas, you mentioned, and we can see that we are seeing that at the pump.

Eventually, all of that's going to show up in the cost of goods, right?

Not just at the pump.

Not for nothing, but we're over 80 on Brent.

I mean, you know, it's not far away.

Well, let's go there for a minute.

And I'm not going to ask you how long this is going to last.

But but I I need an expert.

And you're the expert in this conversation to talk to me about about the cascading effect.

The longer it does last.

I mean, the president is talking about four to six weeks, you know.