Tariffs, Inflation and The Fed’s Final Days
Posted August 12, 2025
President Trump’s new trade deals are about to trigger the most radical shift in US tariff policy in nearly a century.
The average tariff rate on goods imported into the United States is set to jump from under 2.5% last year to roughly 20% by the end of this year. That’s not just a policy change — it’s an economic earthquake.
Higher tariffs will ripple through prices, wages, and financial markets in ways that few investors are prepared for. But how these forces interact — and how the Federal Reserve responds — could determine whether the months ahead bring manageable price adjustments or a prolonged period of surging inflation.
And here’s the twist: the Fed’s independence may not survive the political pressures now building in Washington.
If the White House takes control of monetary policy, the playbook could change completely — with profound consequences for interest rates, the dollar, and asset prices.
In this video, we explore:
- Who will ultimately bear the cost of higher tariffs.
- Whether tariffs will cause a one-off spike in prices or set off a longer-term inflationary spiral.
- How reindustrialization and labor market shifts could push wages and prices higher.
- Why the Fed’s independence may soon be history — and what that means for the economy and your wealth.
The stakes could not be higher. If you want to understand what’s coming — and how to position yourself before these changes hit full force — this is a presentation you can’t afford to miss.
Tariffs, Inflation and The Fed’s Final Days is 30 minutes long and offers 61 slides that can be downloaded.
Subscribers to Macro Watch can click here to watch this video now.
If you have not yet subscribed, join today for instant access to this video, a new video every two weeks, and more than 100 hours of videos in the Macro Watch archive covering the most important developments driving the global economy and financial markets.
For a 50% subscription discount, click on the link above and, when prompted, use the discount coupon code: Final
Please share this blog post with your colleagues and friends.
