On "What's Moving Your Money with Spencer Hakimian," Spencer shared his take on the market-rocking drama yesterday when a report emerged that President Trump was planning to fire Fed Chair Jerome Powell that was followed by Trump's swift denial.

Spencer discusses the latest June CPI report showing a continued trend of upwards inflation—and warns that President Trump's tariffs, which haven't even been fully implemented to their full threatened extent, could make consumers' lives even worse

On "What's Moving Your Money with Spencer Hakimian," Spencer warns against President Trump's threatened 50% tariffs on Brazil, explaining why it will harm the U.S. and actually help China.

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0:00 - Introduction: Trump's New Tariffs on Brazil & Copper

1:29 - Why Brazil is Critical to the Global Economy

4:22 - The 50% Copper Tariffs: An "Insane Idea"

7:30 - How Tariffs Undermine "Made in America" Goals

9:44 - The Danger of Complacent Markets

On "What's Moving Your Money with Spencer Hakimian," Spencer breaks down President Trump's new tariff threats against the EU, Canada, and Mexico, and discusses how it will affect the market, and whether this will be another "TACO" scenario.