Trump Admits His Tariffs Are Raising Prices
Bulwark Takes
The Bulwark
4.7 • 1.2K Ratings
🗓️ 11 May 2026
⏱️ 13 minutes
🧾️ Download transcript
Summary
Sam Stein joined Katy Tur on MS Now to break down the Trump administration’s increasingly desperate messaging on the economy as prices keep climbing and voters feel the squeeze. As top Trump economic adviser Kevin Hassett pointed to soaring credit card spending as proof the economy is “strong,” Trump is now proposing a federal gas tax holiday, and is considering easing tariffs on beef imports.
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Watch Katy Tur Reports on MS NOW: https://www.ms.now/katy-tur-reports
Transcript
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| 1:26.8 | Stein. Managing here at the Bullwark. Look, I just got done with a taping of Katie Terscho on MS Now, and we talked about a bunch of stuff, including redistricting. |
| 1:35.2 | But the first thing we went over is the economy. And frankly, this kind of haphazard messaging that the Trump administration is doing on the economy with Kevin |
| 1:45.6 | Hassett, one of Trump's top economic advisors saying, hey, everything's great. |
| 1:49.6 | People are spending so much money on their credit cards, gasoline, and all that stuff. |
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