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The Last Word with Lawrence O’Donnell

Stock market falls amid Trump trade war fears

The Last Word with Lawrence O’Donnell

NBC News

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

4.45.9K Ratings

🗓️ 29 March 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Tonight on The Last Word: Social Security recipients worry Elon Musk’s changes could affect the payout of benefits. Also, federal courts block Trump executive orders targeting law firms. Plus, toxic masculinity is rampant online in the age of Trump. And the USAID cuts endanger global tuberculosis programs. Leah Feiger, Rep. Robert Garcia, Elie Mystal, Chloe Combi, and Maria Smilios join Jason Johnson.

Transcript

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0:00.0

Jason Johnson is in for Lawrence tonight on the last word.

0:03.4

Good evening, Jason.

0:04.5

Thank you so much, Rachel, for starting us off.

0:07.2

It's been an interesting news day.

0:09.0

Thank you.

0:09.5

Indeed. Good luck.

0:11.4

Today, the Trump administration sent a very online guy, otherwise known as J.D. Vance, to Greenland.

0:17.9

And the hopes that we would be able to talk about that tonight instead of maybe

0:22.8

this. Ouch. Couldn't find anyone to do a photo op with Ushah Vance. Maybe they're just not that

0:31.5

into you. But yeah, Trump might prefer that you read instead of, say, checking your bank account or your 401k or your

0:40.1

grocery receipts because Donald Trump didn't want to do anything that was going to get you to pay

0:45.4

attention to prices today. Today, U.S. stocks plummeted after the news that inflation has gone up

0:50.6

at 2.8 percent and consumer sentiment has dropped at a two-year low. As one Fox business

0:57.3

anchor put it, this is a tough way to end the week. Woo, folks, this is a tough way to end the week

1:04.3

if you're long the market. If you're long gold, you're happy, but Dow is losing about 724. The

1:10.5

S&P down 113, the NASDAQ down 484. That will do it for us.

1:19.7

Hello, folks. Welcome to Cudlow. I'm Larry Cudlow. So markets crash over 700 points today after a bad

1:26.1

inflation report, more tariff confusion.

1:28.7

Oh, and by the way, Republicans really going to raise taxes? That could have done it.

1:36.2

Into the second term of the Trump presidency, and Americans are not happy with the Trump economy.

1:42.0

Not even Larry Kudlow, it seems. According to a new poll,

1:45.7

60% of Americans believe the economy is bad. And once again, Donald Trump's tariff threats are

...

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