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The 11th Hour with Stephanie Ruhle

Warnings of prices hikes and supply chain trouble

The 11th Hour with Stephanie Ruhle

NBC News

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

4.53.6K Ratings

🗓️ 25 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Economic anxiety rises as signs of price hikes and supply chain trouble surface. Then, Trump offers private dinner invitations in exchange for investments in his cryptocurrency. And, Florida's push to weaken child labor laws. Peter Baker, Neil Irwin, Angelo Carusone, Bharat Ramamurti, Barbara McQuade, Seth Harris, and Nina Mast join The 11th Hour this Thursday.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight, high anxiety, fresh warnings, upcoming price hikes, plus signs of supply chain troubles,

0:07.3

all tied to President Trump's tariff offensive.

0:10.6

Then access granted, Trump offers a private dinner invitation in exchange for a big investment

0:16.6

in his crypto business and battling a tight labor market by letting kids do the work

0:22.1

the campaign to change Florida's child labor laws as the 11th hour gets underway on this

0:27.4

Thursday night.

0:32.2

Deep breaths. Good evening once again. I am Stephanie Ruhl live from Washington, D.C.

0:37.0

And it is day 95 of the second Trump administration.

0:40.0

We are starting the night off.

0:41.6

You guessed it with money, power politics.

0:44.3

Sox closed up across the board for a third day in a row, largely based on hope.

0:50.0

As Bloomberg points out, investors are betting on the hope that the Fed might cut interest rates sooner than expected to try to prevent a recession.

0:58.0

Of course, the sole reason for that potential recession is Trump's tariffs, specifically the big ones on China.

1:05.8

Well, today the president said his administration was in trade talks with China.

1:09.9

And that was after a Chinese official on this very same day said the opposite, that there

1:15.3

are no talks happening.

1:16.8

But when and if they ever do, I want to share what Trump thinks they're potentially going

1:23.0

to look like.

1:25.0

We are going to, at some point, just set prices for deals. Some will be tariffed. Some

1:32.7

treated us very unfairly. They'll be tariffed higher than others. And we are already seeing

1:38.2

the impacts of tariffs here at home. Today, the CEO of Procter & Gamble said price hikes are

1:43.0

likely. You want to know why? Because

...

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