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.br br br Subscribe to FORBES: br 0:00 - Introduction: The Old Economy vs. The New Economybr 0:34 - The New Reality: A 17 Average Tariff Ratebr 1:44 - The PROS: How the AI Revolution is Powering the Economybr 4:10 - The Shocking Stat: AI's Outsized Impact on Growthbr 5:04 - The CONS (Part 1): The Frozen Housing Marketbr 7:00 - The CONS (Part 2): The Slowing Job Marketbr 9:02 - The Historical Pattern of a Jobs Slowdownbr 11:15 - The Market Reacts: A Great Economic Bifurcationbr br 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:br br br Stay Connectedbr Forbes newsletters: Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: br Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.