Ask Chuck: tariffs and small-business harms

In this episode recorded immediately after Trump's record-breaking 108-minute State of the Union address, Chuck Todd argues that while Trump's base will love the "own the libs" moments — from trolling Democrats in the chamber to the raucous "USA" chants from Republicans — the speech was fundamentally a missed opportunity that did nothing to help the GOP heading into the midterms. He contends that Trump chose to be a party leader rather than a president, turning the address into something resembling an award show by packing it with medal presentations, the Olympic men's hockey team, honorees who deserved more dedicated recognition rather than being used as applause props in an already bloated speech. He argues that Trump's tone on the economy couldn't have been worse for Republicans: with his approval at 60% disapproval and the Supreme Court having just struck down his tariffs days earlier, Trump barely addressed voters' core concerns about costs and affordability, instead declaring a "turnaround for the ages" that doesn't match most Americans' lived experience. He notes Trump’s highlighting of Iran's ballistic missiles sounded like a pretext for war that won't play well with parts of his own base. He praises Virginia Governor Abigail Spanberger's Democratic response as simple and effective — particularly her pointed questions about whether the president is actually working to make life more affordable — and argues she clearly won over independents. He closes with a bigger-picture observation: that there's a 60% majority coalition available on populist economic issues like protecting the safety net from cuts to fund tax breaks for the wealthy, but that Democrats still have a damaged brand despite Trump's terrible numbers, and that voters who thought they were getting first-term Trump are reckoning with something very different.

Finally, Chuck presents his updated ToddCast Top 5 list of senate seats most likely to flip in the midterms and answers listeners’ questions in the “Ask Chuck” segment.

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Timeline:

(Timestamps may vary based on advertisements)

00:00 Chuck Todd’s introduction

2:15 Trump’s base will love “own the libs” moments from SOTU

3:30 Most of Trump’s base was celebrating himself & animating his base

4:15 Trump’s tone on the economy couldn’t have been worse for GOP

5:30 Trump hid behind the glory of others, turned speech into award show

6:45 Awards are an incredible honor, deserved more time & recognition

8:30 Hopefully the recipients get dedicated events to honor them

9:00 Overloading the speech with awards felt a bit gimmicky

10:00 Trump mostly bit his tongue when addressing SCOTUS

10:30 Trump chose to be a party leader rather than president, trolled Dems

11:15 Spanberger’s response to SOTU was simple & effective

13:00 Spanberger definitely did better with independents than Trump

13:45 Trump’s proposal to make AI companies provide their power is a winner

14:15 Trump highlighting Iran’s ballistic missiles sounds like a pretext for war

15:30 Attacking Iran won’t play well with parts of Trump’s base

16:30 Trump didn’t talk about Venezuelan democracy, just oil

17:15 Trump’s still working with the Maduro regime

18:45 Are we trying to prevent Iranian nukes, or attempting regime change?

19:30 Trump claiming credit for getting Mexican cartel leader is a big faux pax

20:45 Allies feel like Trump will sell them out just so he can take credit

21:30 Trump didn’t address voters concerns on costs & the economy

22:45 Trump is better on the attack than defending his record

23:30 The speech didn’t give Republicans a boost for the midterms

24:30 Most Americans don’t support cutting safety net for tax cuts

26:30 There’s a 60% majority to be had on economic issues, not cultural ones

28:15 Voters keep picking the out party

29:30 There’s a majority coalition to be won with populist economic policy

31:30 This could be a moment for candidates to shed the party label

32:00 Democrats will have a strong midterm just being against Trump

32:45 Class politics could create a strong majority

34:30 Voters thought they’d get 1st term Trump, not what they’re getting

44:45 ToddCast Top senate seats most likely to flip in midterms

45:00 #1 North Carolina

46:45 #2 Maine

49:45 #3 Michigan

54:15 #4 Alaska

57:15 #5 Texas

1:02:30 Honorable mentions: South Dakota & Minnesota

1:07:30 Ask Chuck

1:07:45 Promoting tariffs & AI have to only be bad for Trump?

1:08:45 Can Republicans not endorsed by Trump win their primaries?

1:10:15 Will lifting pesticide bans cause MAHA voters to turn on Trump?

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