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The 11th Hour with Stephanie Ruhle

Stephanie Ruhle: Trump's "big deal" desperately needs this reality check

The 11th Hour with Stephanie Ruhle

NBC News

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

4.53.6K Ratings

🗓️ 9 May 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

The White House celebrates a "big deal" with the U.S. that turns out to be a framework with few details. Then, Trump names former Fox News host Jeanine Pirro as a top DC federal prosecutor after being forced to withdraw his first choice. And, the conclave elects the first US-born Pope, Leo XIV. Peter Baker, Charlie Sykes, David Gura, Bill Cohan, Chris Jansing, Joe Donnelly, Joyce Vance, Ben Jealous, and Ryan Busse join the 11th Hour this Thursday night.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight, let's make a deal. Sort of. The White House celebrates a framework for a trade agreement

0:06.9

with a longtime U.S. ally, but the actual details are still in the works. Then the president

0:12.7

names former Fox News host, Janine Piro, as the top federal prosecutor in D.C., after he's

0:18.7

forced to pull his first choice. Plus, history is made. The first

0:23.7

U.S. born Pope is elected on the second day of the conclave. His message to the world as the

0:29.5

11th hour gets underway on this Thursday night. Good evening once again.

0:40.0

I am Stephanie Ruhl, and it is day 109 of the second Trump administration.

0:45.1

And earlier today, U.K. officials joined President Trump and his team to announce that some kind of trade deal between our two countries is close.

0:53.9

And there is one phrase that President Trump used over and over and over again.

0:59.0

Watch this.

1:00.0

I think you've got a pretty good understanding of how big it is.

1:04.0

It's a very large deal, very big deal.

1:06.0

It's a very big deal right now.

1:09.0

This is a bigger deal. This is a much bigger, better,

1:12.3

stronger deal for both of us than we ever even contemplated before. It's a big deal.

1:17.4

It's very conclusive and it's a great deal and it's a very big deal, actually.

1:22.1

Big deal. Did you catch that? He said it's a big deal. So why do we take a look at actually

1:27.0

how big a deal it actually is? J.P. Morgan said it's a big deal. So why do we take a look at actually how big a deal it

1:28.4

actually is? J.P. Morgan said it would likely have a limited impact, especially since Trump's 10%

1:34.8

baseline tariff on the UK is still in place. And the Commerce Secretary Howard Lutnik talked

1:40.4

about that too. Watch this. We still have a 10% tariff on, which will produce $6 billion of revenue for the United States.

1:49.3

So we feel really good about the deal.

...

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