The 11th Hour with Stephanie Ruhle
Stocks rally for a second day amid hopes the White House softens its stance on tariffs
Apr 24, 2025
Steve Liesman, a CNBC senior economics reporter, shares his insights on the recent stock market rally linked to easing trade tensions with China. He highlights the complexities of U.S.-China trade negotiations and their impact on local businesses. Sam Stein, Managing Editor for The Bulwark, offers a political lens on Trump's recent accusations towards Zelensky regarding Ukraine, linking it to disinformation's dangerous normalization in media. They both explore how political rhetoric often misaligns with economic realities, creating uncertainty for the future.
41:52
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Quick takeaways
- The stock market is responding positively to hopes of easing U.S.-China trade tensions, despite mixed signals from the Trump administration.
- The normalization of conspiracy theories in political discourse is eroding public trust in information and complicating efforts to promote accurate communication.
Deep dives
Trade Tensions and Market Reactions
The uncertainty surrounding U.S.-China trade relations is causing volatility in the stock market, despite the Dow experiencing significant gains fueled by optimism about easing tensions. President Trump indicated a willingness to soften tariffs, with reports suggesting potential reductions to deescalate the ongoing trade war. However, mixed messaging from White House officials regarding the status of trade negotiations is adding to the confusion among investors. Analysts are cautioning that without a clear and coherent strategy from the administration, markets may continue to react unpredictably, leading to concerns about the long-term implications of current tariff policies.
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