The economy that Donald Trump inherited from Joe Biden had low unemployment, slowing inflation, and a growing GDP. So what is he trying to achieve by imposing heavy tariffs on our allies and trading partners?

Guest: Stephanie Ruhle, NBC business analyst and the host of The 11th Hour with Stephanie Ruhle.

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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther.

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What Next | Trump’s Animal-Spirit Economy