Trump’s Tariffs Just Broke Interest Rates (Here’s What You MUST Know)
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 8 April 2025
⏱️ 41 minutes
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Summary
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Tariffs are back in the headlines—and they’re not just about trade anymore. In this video, we break down how Trump’s proposed tariffs could either spike inflation or signal a coming recession, pushing interest rates dramatically up—or down.
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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Transcript
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| 0:00.0 | Interest rates have been a hot topic since they went up in 2023. |
| 0:07.3 | And our predictions were that rates were going to remain steady all throughout 2025. |
| 0:12.9 | But Trump's tariffs are putting a little bit of a swing on things. |
| 0:17.8 | So we're not exactly sure what's going to happen now. |
| 0:22.5 | But we are breaking it down. |
| 0:28.4 | By the way, we love your guys' feedback on this. I have mine. So one of the things that people are talking about right now is stagflation. Obviously, they're throwing around inflation. |
| 0:33.2 | They're throwing around recession and all those kinds of things and there's all kinds of really really smart |
| 0:38.5 | people weighing in on this topic but one thing is for sure that the tariffs uh this tariff war this |
| 0:45.4 | global war this i've heard i saw somebody call it a cage fight the other day which i thought was |
| 0:49.9 | kind of funny you know in fact just two hours ago trump Trump showed like 50% on China. I don't know if |
| 0:54.4 | you saw that. That just came out this morning. So it's going to be very, very interesting because |
| 0:58.2 | he's not one to back down, but it's going to create inflation. Well, let's just first, before |
| 1:04.5 | we get into that, let's break this down. So everyone is looking at the interest rates and they're going to say, are they going to go up or are they going |
| 1:11.0 | to go down? And honestly, there is a case to be made for either one. So I know a lot of people that |
| 1:17.1 | are in the market right now are really waiting on rates to go down. I know they went down slightly |
| 1:22.0 | this weekend because of the tenure, which we'll get into. But honestly, they could go up based on this stuff, too. So let's |
| 1:29.8 | kind of get into it. So, Jerry, if you can pull up what Jerome Powell has said about the tariffs, |
| 1:36.3 | tariffs will cause higher inflation and slower growth. Right, which is stagflation, essentially. |
| 1:43.4 | Yeah. Also, you've got to throw in an unemployment which is another |
| 1:46.4 | now by the way for those of you some of you might have been around in the 70s I was a little kid I |
| 1:52.7 | do actually remember the long gas lines and all that stuff uh Daniel do you remember that |
| 1:58.9 | just kidding no so listen um you remember that? Just kidding. No, definitely. So listen, you know, |
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