Most Of Trump’s Tariffs Are Now In Place—What This Means For The Economy
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On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the effect of President Trump's tariffs on the economy for the rest of the year, which set an average American tariff rate of roughly 17 percent, and what this means for both the "old" and "new" economies. Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 0:00 - Introduction: The Old Economy vs. The New Economy 0:34 - The New Reality: A 17% Average Tariff Rate 1:44 - The PROS: How the AI Revolution is Powering the Economy 4:10 - The Shocking Stat: AI's Outsized Impact on Growth 5:04 - The CONS (Part 1): The Frozen Housing Market 7:00 - The CONS (Part 2): The Slowing Job Market 9:02 - The Historical Pattern of a Jobs Slowdown 11:15 - The Market Reacts: A Great Economic Bifurcation Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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