How tariffs affect prices is one of the most misunderstood topics in modern economics. Many people believe tariffs punish foreign countries, but in practice U.S. companies and consumers absorb most of the cost. This episode breaks down the mechanics of tariffs and shows why theHow tariffs affect the economy is critical knowledge for entrepreneurs and investors operating in uncertain markets. Many people believe tariffs primarily target foreign competitors, but in reality they change domestic pricing, capital allocation, and economic growth.

Host Tom Wheelwright sits down with economist and author Matt Sekerke to break down the real economic impact of tariff policy. They explain why tariffs historically emerged during wartime economies to secure supply chains and national production, and why those same policies operate very differently in a modern globalized economy.

In this episode you will learn:

• Why tariffs raise input costs for business owners
• How tariffs influence inflation and consumer purchasing power
• What tariffs do to stock markets and asset pricing
• How government tax policy interacts with trade policy
• What entrepreneurs and investors should prepare for next

Sekerke connects financial markets to the broader economy, showing how tariffs affect corporate earnings, capital investment decisions, and investor expectations. For business owners, tariffs compress margins and alter supply chains. For investors, tariffs reshape sectors, valuations, and long-term growth projections.

This episode provides a practical framework to help you position your business and investments for changing policy environments rather than reacting after markets move.

👉 https://bit.ly/41d3Kmy 👈 CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki’s CPA, and apply to the WealthAbility Accelerator today!

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/

00:00 – Intro.
02:09 – A brief history of tariffs and what happened to the economy of the country who is imposing the tariff.
07:00 – “Killing confidence across the board.”
10:38 – Big Beautiful Bill: Investment Driven or Consumption Driven.
13:58 – Tax on tips and overtime: Long term or short term?
18:39 – Does the positive impact to the economy offset the negative impact of the tariffs?
25:05 – Rare Metals & Manufacturing Weapons – Are we putting ourselves at risk?
28:50 – How investors and small business owners can prepare.
34:00 – Closing Statements.

Looking for more on Matt Sekerke?
Books: “Making Money Work”
Website: https://www.mattsekerke.com/
LinkedIn: https://www.linkedin.com/in/matt-sekerke-a8a3021

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DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.