Stephanie Ruhle

And if they decide to dump them or not show up for our next treasury auction, that's what a nasty trade war looks like. And they have the ability to do that. They've been quietly buying up and publicly buying up U.S. treasuries for years and years and years. And they've got us by the bond balls.

And if they decide to dump them or not show up for our next treasury auction, that's what a nasty trade war looks like. And they have the ability to do that. They've been quietly buying up and publicly buying up U.S. treasuries for years and years and years. And they've got us by the bond balls.

In part, because it's ignoring the fact that even if you are in manufacturing, we have a global supply chain. Okay. So take autos for a second. It's not that we don't build cars here. We do. We efficiently build cars here.

In part, because it's ignoring the fact that even if you are in manufacturing, we have a global supply chain. Okay. So take autos for a second. It's not that we don't build cars here. We do. We efficiently build cars here.

In part, because it's ignoring the fact that even if you are in manufacturing, we have a global supply chain. Okay. So take autos for a second. It's not that we don't build cars here. We do. We efficiently build cars here.

parts of it we build here, parts of it we build in Mexico, some parts of it we build in Canada, or even if you wanted to build a whole new plant, the pieces you need, the parts you need come from abroad. So this notion of this manufacturing renaissance that's coming back was completely ill-conceived because there was no strategic planning around it.

parts of it we build here, parts of it we build in Mexico, some parts of it we build in Canada, or even if you wanted to build a whole new plant, the pieces you need, the parts you need come from abroad. So this notion of this manufacturing renaissance that's coming back was completely ill-conceived because there was no strategic planning around it.

parts of it we build here, parts of it we build in Mexico, some parts of it we build in Canada, or even if you wanted to build a whole new plant, the pieces you need, the parts you need come from abroad. So this notion of this manufacturing renaissance that's coming back was completely ill-conceived because there was no strategic planning around it.

And that's why you're seeing, yes, even manufacturing get hurt.

And that's why you're seeing, yes, even manufacturing get hurt.

And that's why you're seeing, yes, even manufacturing get hurt.

Well, I would say Donald Trump is most definitely happy. The Trump family is happy. Donald Trump is wealthier than he's ever been. When he was actually a businessman in real estate, he inherited a huge New York real estate portfolio where he lost an enormous amount of money. But finally, as president of the United States in 2025, he and his family are wealthier beyond their wildest dreams.

Well, I would say Donald Trump is most definitely happy. The Trump family is happy. Donald Trump is wealthier than he's ever been. When he was actually a businessman in real estate, he inherited a huge New York real estate portfolio where he lost an enormous amount of money. But finally, as president of the United States in 2025, he and his family are wealthier beyond their wildest dreams.

Well, I would say Donald Trump is most definitely happy. The Trump family is happy. Donald Trump is wealthier than he's ever been. When he was actually a businessman in real estate, he inherited a huge New York real estate portfolio where he lost an enormous amount of money. But finally, as president of the United States in 2025, he and his family are wealthier beyond their wildest dreams.

And where has he made money? in businesses that many people believe are Ponzi-like. Crypto, in his massive crypto exchange, and Truth Social, which is a social media platform that doesn't actually make any significant money, but trades at a huge, huge multiple. Because whether it's Trump's meme coin or his crypto exchange or Truth Social,

And where has he made money? in businesses that many people believe are Ponzi-like. Crypto, in his massive crypto exchange, and Truth Social, which is a social media platform that doesn't actually make any significant money, but trades at a huge, huge multiple. Because whether it's Trump's meme coin or his crypto exchange or Truth Social,

And where has he made money? in businesses that many people believe are Ponzi-like. Crypto, in his massive crypto exchange, and Truth Social, which is a social media platform that doesn't actually make any significant money, but trades at a huge, huge multiple. Because whether it's Trump's meme coin or his crypto exchange or Truth Social,

The greatest way you can get something from Trump and curry a favor is to give him money. If you ask me what business has been spending the most amount of time down at Mar-a-Lago, it's crypto guys, right? You're seeing Justin Sun who's being investigated by the government and his company. This is the guy who bought a piece of art. It was a banana duct tape for $6.5 million.

The greatest way you can get something from Trump and curry a favor is to give him money. If you ask me what business has been spending the most amount of time down at Mar-a-Lago, it's crypto guys, right? You're seeing Justin Sun who's being investigated by the government and his company. This is the guy who bought a piece of art. It was a banana duct tape for $6.5 million.

The greatest way you can get something from Trump and curry a favor is to give him money. If you ask me what business has been spending the most amount of time down at Mar-a-Lago, it's crypto guys, right? You're seeing Justin Sun who's being investigated by the government and his company. This is the guy who bought a piece of art. It was a banana duct tape for $6.5 million.