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The 11th Hour with Stephanie Ruhle

'Uncertainty': One word to describe Trump's economic agenda after 100 days

The 11th Hour with Stephanie Ruhle

NBC News

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

4.53.6K Ratings

🗓️ 30 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

On day 100 of Trump’s second term, a reflection on the past three months and the uncertainty ahead. Then, new reporting examines the rise of Trump’s cryptocurrency business and his changing role in the industry. And, a conversation with actor and comedian Ed Helms on some important and hilarious lessons from history. Jeff Mason, Leigh Ann Caldwell, Peter Goodman, Eric Lipton, Dan Nathan, and Ed Helms join The 11th Hour.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight, day 100 from sweeping government cuts to economy rattling tariffs, a look at the president's first three months in office, and what's next as uncertainty looms over businesses.

0:12.0

Then new reporting on the rise of President Trump's crypto business empire, how the line between private business and government policy is being completely wiped out.

0:23.1

Plus, actor and comedian Ed Helms is here with a history lesson you do not want to miss as the

0:28.4

11th hour gets underway on this Tuesday night.

0:37.1

Here we go. Good evening once again. I am Stephanie stepheny rule and look at the clock we are closing out

0:43.1

on day 100 of the second trump administration thus far we have seen the president test the limits of

0:49.4

executive authority attack institutions overhaul immigration and upend the global economy, all in the

0:56.6

span of 100 days. And I want to start with the economy. Wall Street largely backed Donald Trump

1:01.2

because they were thinking more about what he did in his first term than what he promised to do

1:06.0

in his second. Now that he's in office, of course, they are shocked to realize he meant what he

1:10.3

set on the trail.

1:11.5

Tariffs have become his top economic priority, sending markets into complete turmoil, tumbling or skyrocketing off a single tweet of his.

1:20.9

In just over three months, he's broken our oldest and closest trade alliances and put in jeopardy our unique position as the global economic

1:29.2

superpower. The result could send the United States into a recession. None of this should be a

1:34.4

surprise. Donald Trump has been praising tariffs for over 40 years, but the back and forth, on again,

1:40.2

off again, back again, nature of this trade war rollout has only led to confusion and paralysis

1:45.5

for big businesses and small. What CEO would make a five-year investment to build a massive

1:51.8

new factory when it's unclear if the tariffs are even happening two months from now? And while we're

1:56.9

focused on Trump's first hundred days, we also need to devote at least some attention

2:01.6

over to Congress. They passed a total of five laws. And with each passing day, they've allowed

2:07.3

the president to usurp their power and give unprecedented access and control to the world's

2:13.4

richest man, who has gained an unknown quantity of our personal and private information.

...

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