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The 11th Hour with Stephanie Ruhle

Growing fears about Trump's trade war, economic agenda

The 11th Hour with Stephanie Ruhle

NBC News

Politics, Washington, News, President, Policy, Government, Senate, Congress, Msnbc

4.53.6K Ratings

🗓️ 12 March 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

Trump's tariffs sink markets for another day, while he promotes Tesla vehicles on the White House lawn. Plus, how will Moscow respond to Ukraine's acceptance of Trump's 30-day ceasefire plan? Also an exclusive interview with PA Senator John Fetterman. He explains how his approach to Donald Trump is different from his fellow Democrats. Jeff Mason, Leigh Ann Caldwell, Michael McFaul, Brian Schwartz, Bharat Ramamurti, John Fetterman, and Charlie Dent join The 11th Hour this Tuesday.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight, Trump's trade war sinks markets again as he promotes Tesla vehicles on the White House lawn.

0:08.0

Then Ukraine says it will accept Trump's 30-day ceasefire plan.

0:12.0

The question now, how will Moscow respond?

0:15.0

Plus, my exclusive interview with Senator John Fetterman, why his approach to the Trump administration is so different from much of his

0:22.4

fellow Democrats as the 11th hour gets underway on this Tuesday night.

0:30.9

Good evening. Once again, I am Stephanie Ruhl. It is day 51 of the second Trump administration,

0:36.1

and there is a lot going on here in the nation's

0:38.4

capital. The U.S. and Canada spent the day going back and forth over escalating tariffs.

0:44.3

Things hit a tipping point when the president threatened to up the tax on Canadian medals.

0:49.3

Our own Peter Alexander has all those details.

0:52.9

With the market suffering another significant slide days after President Trump would not rule out a possible recession, tonight the president with a different take.

1:02.1

Do you think there will be a recession?

1:04.0

I don't see it at all. I think this country is going to boom.

1:07.4

All of it punctuating another round of whiplash in President Trump's trade war with Canada.

1:12.4

This morning, the President announcing he would double the tariffs on Canadian aluminum and steel set to go into effect tomorrow.

1:18.9

Retaliation after Canada slapped a 25% surcharge on electricity going to three U.S. states.

1:25.8

If the United States escalates, I will not hesitate to shut

1:30.1

the electricity off completely. President Trump posting, can you imagine Canada stooping so low as to use

1:36.1

electricity that so affects the life of innocent people as a bargaining chip and threat? Tonight,

1:42.3

Ontario's leader backing down, saying he's suspending that

1:45.9

electricity surcharge on the U.S. We have to stop the bleeding. We have to make sure we protect

1:51.3

both countries. And as we're duking it out back and forth, China's laughing. President Trump now

...

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