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Deadline: White House

“A tsunami of Trump-manufactured crises”

Deadline: White House

MSNBC

News, Donald Trump, Daily News, The White House, Nicolle Wallace, Politics, Nbc News, Washington Dc, Msnbc, Government

4.66K Ratings

🗓️ 25 April 2025

⏱️ 86 minutes

🧾️ Download transcript

Summary

Nicolle Wallace on retailers bracing for empty shelves and supply chain issues due to Trump’s tariffs, FBI agents arresting a county judge in Milwaukee, and Trump targeting Democratic fundraising platform ActBlue. Joined by: Robert Armstrong, Tim Miller, Andrew Weissmann, Perry Stein, Mini Timmaraju, Rev. Al Sharpton, Eddie Glaude, Brendan Ballou, Courtney Kube, and Isaac Stanley-Becker.

Transcript

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0:00.0

Hi, everyone. Welcome to Friday. It's 4 o'clock in New York. We come on the air amid a tsunami

0:12.0

of Trump manufactured crises and extreme conduct. We'll get to all of that for you. But our top

0:18.1

story is the one driving Donald Trump's approval ratings down to new depths by the day.

0:23.5

It's the prospect of empty store shelves and rising prices on all sorts of goods nationwide.

0:29.1

NBC News reporting this, quote, retailers are warning that U.S. consumers could once again be faced with empty store shelves

0:36.1

and the kind of supply chain snarls that mark the COVID era

0:39.8

if Donald Trump's tariffs on China remain at their current levels. Companies have been canceling

0:45.1

their shipments of goods from China and halting new orders. Some of the products likely as to go

0:50.6

missing from store shelves in the coming months will be lower cost footwear,

0:55.9

apparel, toys, and electronics for which manufacturing is heavily concentrated in China.

1:02.5

And what will be on the store shelves will likely come in at a higher cost.

1:07.0

Prices are already rising.

1:08.7

CNBC reports this, quote,

1:23.2

Amazon merchants are hiking prices for everything from diaper bags and refrigerator magnets to charm necklaces and other top-selling items as they confront higher import costs.

1:34.7

E-Com Software Company Smart Scout tracked 930 products on Amazon that have seen increased prices since April 9th, with an average jump of 29%. Six months after a presidential election that was defined by deep voter frustration over the price of everything, there are headlines like this one in the New York Times today,

1:45.1

quote, a sign that consumers are anxious. They're cutting back on snacks. New York Times reports

1:50.9

this, quote, consumers worried about the economy are pulling back on their spending and that anxiety

1:57.5

is translating into lower sales and profits for some of the country's largest

2:01.9

consumer-oriented companies. In fact, we've seen a steady drumbeat of warnings from the

2:07.4

business community in the last couple weeks. America's CEOs are sounding the alarm, warning that

2:15.2

the U.S. economy could soon take a big hit after President Trump's

2:19.1

sweeping tariff announcement sent markets spinning. Rick, Liberation Day was just a few weeks ago earlier

...

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