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Laura Coates Live

“I Love the Inflation”: Trump Downplays Rising costs Amid War

Laura Coates Live

CNN

News

3.82.5K Ratings

🗓️ 11 June 2026

⏱️ 45 minutes

🧾️ Download transcript

Summary

Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics. Prices rose 0.5% on a monthly basis, driven higher by the US-Israeli war with Iran, the latest Consumer Price Index shows. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

President Trump hits Iran with new strikes, as threatens and threatens more tomorrow if Iran does not agree to a deal. Is this how he gets an agreement or how the war gets bigger? Plus, inflation hits its highest level in three years. And Trump says the thing no one wants to hear I love the

0:22.7

inflation the president also labels Graham Platner a thug and a pig a former

0:29.0

GOP senator is making the character argument and telling Democrats back

0:33.2

Susan Collins tonight on Laura Coates Live.

0:47.0

All right, we've got fast moving breaking news tonight as the U.S. carries out a wave of new strikes against Iran. Iranian leaders claim they're shutting down the trade of

0:51.4

removes to all ships in response.

0:58.7

And now the risk of returning to an all-out war, it's higher than it's been in weeks.

1:04.7

The president says Iranian officials called him while he was in the situation room tonight and told him to stop the bombing.

1:07.3

He also said to Fox News that if Iran doesn't agree to a deal, he will quote, bomb the S out of them tomorrow night.

1:16.3

Trump put it in slightly different terms earlier today while in the Oval Office.

1:20.7

Either Iran can sign or the U.S. will keep striking.

1:26.0

We hit them hard yesterday and we're going to hit them again hard today in case you miss it,

1:32.1

in case you don't turn on your television set, and we'll see what happens with the deal.

1:37.6

All they have to do is they have to start signing a paper.

1:40.3

It's fully negotiated.

1:42.3

Now, Trump has been floating a potential deal, I mean, over and over and over again,

1:47.9

somewhere in the ballpark of three dozen times.

1:51.4

And today, there was a new reason to ask how critical that deal really is.

1:57.0

Economic data showing the fastest price hikes since 2023.

2:02.3

But the president did not flinch or show signs that it's weighing on him.

2:07.2

Instead, he said this.

2:10.6

You can serve us, Mr. President, about the latest inflation number which came out this morning.

...

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