What A Day Trump is Tariff-ied
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Apr 30, 2025 
Stephanie Ruhle, host of MSNBC's The 11th Hour, dives into the economic landscape as trust in Trump crumbles post-election. She discusses the impact of tariffs on consumer confidence, revealing how Amazon may adjust prices. Ruhle connects these economic policies to political shifts in Canada, where voters turned against Trump. The conversation highlights the unpredictable challenges tariffs pose for businesses and the psyche of consumers dealing with rising prices and market instability.
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Tariffs Hurt U.S. Consumers
- The Trump administration's panic over Amazon listing tariff costs reveals the tariffs' real impact on U.S. consumers.
- This contradicts their claim that tariffs are paid by foreign governments, exposing political spin.
Tariffs Depress Confidence and Supply
- Tariffs have caused consumer confidence to plunge to pandemic-era lows and hurt businesses of all sizes.
- Small businesses lack the capacity to stockpile inventory and face empty shelves and higher costs soon.
Tariff Impact Looms Larger
- The full impact of tariffs will soon materialize as prices rise and many products become scarce in stores.
- Consumers will soon feel tariffs' effects regardless of whether companies list tariff costs separately.