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Velshi

Trumpism at Home and Abroad

Velshi

MSNBC

Msnbc, Politics, Weekend News, Ali Velshi, Government, News, News Commentary

4.8687 Ratings

🗓️ 11 May 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

President Trump is heading to the MIddle East, while Treasury Secretary Scott Bessent is in Switzerland negotiating a trade deal with China, as Trump’s budget throws the congressional GOP into chaos

Transcript

Click on a timestamp to play from that location

0:00.0

Well, she starts now.

0:08.2

Good morning. It is Sunday, May the 11th. As global trade relations and regional conflicts continue to be sources of tension around the world,

0:16.1

President Trump and members of his administration are heading abroad this week. In a couple of days, the president's

0:21.7

going to touch down for a tour of the Middle East. He'll be making official stops in Saudi Arabia,

0:26.2

the United Arab Emirates, and Qatar, where most of the Israel-Gaza ceasefire talks have been

0:30.6

taking place. That's sure to be a top issue on the agenda this week, but President Trump is

0:34.8

also likely to use this trip to tout the deals that he's secured

0:38.8

in that region. Just days after he returned to the White House this year, Saudi Arabia announced

0:43.7

that it's going to invest $600 billion in the United States over the next four years. In March,

0:49.6

the UAE announced it would invest $1.4 trillion in America over 10 years. This trip in some ways is

0:57.8

going to be a showcase as well of President Trump's support for Pete Hegsef, his unsurprisingly

1:03.5

embattled defense secretary, who needs to put his phone away for a while and maybe instead read

1:08.3

some books. Hegsoff has already been the subject of multiple scandals over his use of the commercial

1:13.2

messaging app signal, but his inclusion in this trip emphasizes how Trump continues to

1:18.3

stick by him, despite declining to tell an ABC News reporter a couple of weeks ago that

1:23.3

Hegsth has his full confidence.

1:25.7

Meanwhile, the Treasury Secretary, Scott Bessent, is in Geneva

1:29.1

this weekend, and he's leading something they're describing as trade talks between the U.S. and

1:34.2

China. On social media, President Trump quoted many things discussed, much agreed to. He also added,

1:40.6

quote, great progress made. But neither the U.S. nor China have announced any changes to their trade policies yet.

1:47.7

It's becoming evident that White House is trying to avoid the political damage that President Trump's tariffs could potentially cause.

1:54.3

Americans are now starting to feel the effects of those tariffs. Shipments from China, one of America's top trade partners, have already slowed to a trickle.

...

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