What Next | Daily News and Analysis
Trump’s Animal-Spirit Economy
Mar 20, 2025
Stephanie Ruhle, NBC business analyst and host of The 11th Hour, sheds light on the tumultuous economic landscape during Trump's presidency. She discusses the initial optimism from business leaders about deregulation and tax cuts, contrasted with the reality of tariffs and their impact. Ruhle critiques the shift from cooperative trade to aggressive tariffs, and their consequences for domestic manufacturing. The conversation also touches on government inefficiencies, economic challenges, and the interplay between immigration and economic policies in shaping the current landscape.
32:00
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Trump's imposition of tariffs aimed at reviving U.S. manufacturing has created uncertainty and hindered anticipated business growth and investment.
- Recent government funding cuts threaten regional economies, particularly in areas dependent on universities for employment and economic stability.
Deep dives
Trump's Economic Strategy and Business Sentiment
Trump's economic strategy has been characterized as chaotic and self-inflicted, with business leaders initially supporting him due to promises of deregulation and tax cuts. Many CEOs believed they would benefit from a Trump presidency, expecting a business-friendly environment that would boost their operations. However, as his policies unfolded, the reality has shifted dramatically with tariff wars and funding freezes creating uncertainty in the markets. This volatility has not only frustrated businesses but has also led to questioning whether the anticipated growth and investment will materialize under the current administration.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
