Podcasts about squawk box

Washington is reportedly demanding countries put forward their best trade talk offers by tomorrow as the reciprocal tariffs deadline of 8 July draws nearer. The EU has responded saying it will push for tariff cuts with the U.S. in meetings scheduled this week. The bloc has repeated its threats of counter-measures should an agreement fail to be reached. We hear from German Steel Association head Gunnar Groebler who says American companies are also being affected by the levies. And in the UK, Prime Minister Keir Starmer has promised the largest sustained increase in defence spending since the end of the Cold War. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We're trying something new!  The 5 things you need to know before the stock market opens today: the big, beautiful bill hits the U.S. Senate, the Trump Administration continues to find ways to cut costs, Ukraine lands a strategic hit on Russia, good news for travelers at Newark Airport and the power of Lilo & Stitch. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.  Let us know what you think of Squawk Pod by leaving a comment or review.

In a roughly $1 billion deal, Roark Capital has added Dave's Hot Chicken to its portfolio of Auntie Anne's, Subway, and Dunkin'. CEO of the chicken chain Bill Phelps recounts the company's journey from folding tables in a parking lot to hundreds of locations around the world. The reconciliation bill has moved from the House to the Senate; Senator Markwayne Mullin (R-Oklahoma) serves as the legislation's liaison between both branches of Congress and the White House, and he's confident that the Senate's changes to the bill will remain cosmetic, rather than structural. Plus, a moment from Squawk Box made it to the Oval Office, and the state of trade and tariffs is still in flux.  Mike Santelli - 15:12Sen. Markwayne Mullin - 21:05Bill Phelps - 34:14 In this episode:Markwayne Mullin, @SenMullinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

The EU says it is mulling counter-measures after President Trump's steel tariffs doubles tariffs on steel imports. The U.S and China accuse each other of not respecting the trade agreement made in Geneva last month. In Poland Karol Nawrocki wins the presidential election to dent Prime Minister Donald Tusk's centrist agenda. And in M&A news, French pharma giant Sanofi has moved to snap up U.S. firm Blueprint Medicines in an $9bbn all-cash deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A U.S, federal appeals court has temporarily reinstated President Trump's tariffs just a day after the U.S. Court of International Trade ruled he had overstepped his authority in imposing the levies. President Trump summons Federal Reserve Chairman Jerome Powell to the White House over his interest rate policy stance. Powell has insisted his rate decisions will remain data-based. And we are live in Dubrovnik where global economic policymakers are gathering for the Croatian National Bank/IMF meeting. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A U.S. court has ruled that a majority of President Trump's tariffs, including reciprocal levies, which were tied to the Emergency Economic Powers Act were an overstep of presidential authority. The White House has filed a notice of appeal with the court. Chip giant Nvidia sees shares soar following the company posting a better-than-expected Q1 revenue beat of 69 per cent. CEO Jensen Huang has criticised the U.S. government's chip export restrictions to China. Tesla CEO departs the U.S. government in his advisory role a day after calling a GOP budget bill to fund President Trump's agenda ‘disappointing'. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

All focus is on A.I. chip giant Nvidia which is due to report quarterly results after the U.S. bell today. Investors will be scrutinising how the company is faring following a $5.5bn China export hit. U.S. consumer confidence for May shows a sharp rebound, lifting equities out of a four-day slump in the red and helping the USD to its best performance in recent weeks. In Europe, Germany's DAX posts a new record close, boosting yearly gains by more than 20 per cent as automotive and arms manufacturer Rheinmetall almost triples its market cap. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump's tariff postponement helps to boost sentiment in Europe with French and German stocks starting the week solidly in the green. The autos and aerospace sectors lead gains. ECB President Christine Lagarde says that the euro could rival the dollar in times of political volatility if the bloc can succeed in strengthening its security and capital markets. And in autos news, Tesla's April sales in Europe decline by more than 50 per cent on the year while petrol car sales also slow by a fifth. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump postpones EU tariff talks until July following a phone call with EC president Ursula Von Der Leyen to grant the bloc a reprieve from his threat of a 50 per cent levy. In Asia, Apple iPhone suppliers are in the red following Trump's threat of a 25 per cent tariff on the company's phones manufactured outside the U.S. Chinese automaker BYD cuts prices by up to 35 per cent as concerns over a global price war intensify.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. yields and the 30-year note rise above 5 per cent as U.S. debt burden worries persist. The U.S. House of Representatives passes President Trump's tax and spending bill by a single vote that could add $4tn in U.S. debt. The bill is now due to makes its way through the Senate. We are live in Athens where Greek Prime Minister Kyriakos Mitsotakis tells us exclusively that he believes the U.S. and EU are close to agreeing a trade deal with the possibility of lowering the 10 per cent Trump tariff baseline figure.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The House of Representatives holds an all-night session as the GOP looks to push President Trump's budget bill. The proposed tax cuts are expected to add trillions of dollars to the country's deficit in the next 10 years. As a result, European markets are in the red and are due to track Wednesday's disappointing session. And in tech news, Open A.I. is to buy the A.I. device start-up belonging to former Apple designer Jony Ive. The all-stock deal is said to be worth $6.4bn.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump calls on Republican ‘holdouts' to agree to his budget plans in a private meeting. Trump said he was confident the bill would soon be passed as law. Our colleagues Stateside sit down with Tesla CEO Elon Musk who says he wants to continue at the helm of the auto maker for the next 5 years and is committed to ramping up the number of autonomous vehicles on U.S. roads by next year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

EV Battery maker CATL lists on the Hong Kong stock exchange, sending shares soaring. It's the world's largest IPO this year. UK Prime Minister Keir Starmer re-sets relations with the EU, promising to boost Britain's global trade standing but the move provokes anger domestically. JP Morgan Chase CEO Jamie Dimon says markets and central banks are ‘complacent' about risk amid a ballooning U.S. deficit, tariffs and rising global tensions.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Global markets fall and yields jump as Moody's cuts its U.S. credit rating - the first time in history that the country hasn't held a perfect AAA rating with any of the major agencies. Attention turns to London as the U.K. and EU near a historic reset of trade relations - as Ryanair CEO Michael O'Leary calls for closer ties between the two sides.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump concludes his multi-stop Middle East tour having signed mega A.I. and aviation investment deals in Abu Dhabi, Doha and Riyadh but has raised concerns among some of his administration regarding advanced A.I. security restrictions. UK Prime Minister Keir Starmer is in Albania for talks with European counterparts on a potential post-Brexit deal. Youth mobility and fishing rights will be key topics on the agenda. Swiss luxury firm Richemont sees a rise in quarterly sales and manages to narrowly scrape a beat but warns of continuing global economic uncertainty. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump's Middle Eastern tour continues to Doha where he helps Boeing secure a mega-deal with Qatar Airways. He heads to the UAE later today. Shares in trading platform Etoro Group soar off the back of its Nasdaq IPO which could potentially herald a reset in IPO sentiment on Wall Street. Siemens posts a Q2 beat, hiking its FY guidance. CEO Roland Busch tells CNBC a tariff deal with the U.S. will help trigger a ‘normal' growth rate. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. President Donald Trump hails his return to Saudi Arabia where he has secured hundreds of billions of dollars of investment from the kingdom. He will be heading to Qatar later today. The U.S. Agriculture Secretary, Brooke Rollins, says Trump's global trade negotiations will be a boon to the whole world. German shipping giant Hapag-Lloyd confirms its FY outlook despite trade concerns on the horizon. Defence firm Renk doubles its quarterly orderbook, seeing intakes of €550m.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Global markets rally on the back of yesterday's U.S.-China trade truce with mining and tech stocks leading European gains. Stateside, the Magnificent 7 companies add $800bn in market cap. President Trump signs an executive order to force European countries to pay higher prices for pharmaceuticals and vows to punish countries which refuse to match lower drug costs in the U.S. And President Trump embarks on his first major foreign trip since regaining office to Saudi Arabia where he expects to secure big strategic, tech and infrastructure deals.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. and Chinese trade negotiators hail ‘substantial' momentum following talks in Geneva over the weekend. Further details are promised later today. President Trump vows to sign an executive order which would see American drug prices cut by up to 80 per cent. Italian lender Unicredit posts a top and bottom line beat in Q1 and raises its FY guidance. CEO Andrea Orcel tells CNBC his bank's plans for consolidation are progressing. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. and China reach a trade deal with both sides slashing their respective tariffs by 115 per cent. U.S. Treasury Secretary Scott Bessent says both sides have moved towards balanced trade. China-exposed shares soar in Europe with luxury, autos and tech leading the way. However, pharma stocks plummet following President Trump's announcement that he will sign an executive order to reduce drug prices for Americans by up to 80 per cent.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.K. And the U.S. seals the first trade agreement of Trump's tariff war — but loose ends remain on the details. Meanwhile, attention turns to this weekend's negotiations between the U.S. and China in Switzerland, as President Trump says he may consider lowering the sky-high tariff level against Beijing. In Europe, Commerzbank bucks expectations to report nearly 12% profit growth in the first quarter, as the German lender looks to fend off advances from Italy's Unicredit.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The UK and U.S. may potentially unveil a major trade deal as soon as this afternoon. President Trump has teased that an announcement is due at 3PM BST. The U.S. Federal Reserve has held rates steady once again, citing increased economic uncertainty ahead. Meanwhile, in the UK, the BoE is set to slash rates for a second time this year with more moves expected over the summer. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Beijing moves to increase stimulus into the economy from rate cuts to liquidity injections in an attempt to counter the effects of President Trump's tariffs. U.S. and Chinese officials are due to hold trade talks in Switzerland this weekend. India bombs targets in Pakistan in retaliation for last month's terror attack on Hindu tourists in the divided region of Kashmir. Danish pharma giant Novo Nordisk slashes its FY forecast despite an 18 per cent surge in quarterly sales.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tom welcomes back geologist and newsletter writer Byron King for a discussion on various aspect of the mining industry and the impacts of tariffs. They touch upon the fact that central banks are buying large amounts of gold and the impact this has on gold prices. They also mention the neglect of mining shares in comparison to the rise in gold prices, creating opportunities for investors. They also discuss the current mining cycle and how companies are reporting good earnings due to high gold prices. Byron suggests investors look for companies with assets, a strong management team, and resources worth exploring further. He mentions several examples of promising companies and opportunities within the gold space, as well as mentioning his own experiences at mining conferences. Additionally, Byron gives us his thoughts on the global market situation and how tariffs may affect various industries and economies. Byron encourages listeners to explore more about hard assets and investing in metals and energy for potential opportunities and growth. Time Stamp References:0:00 - Introduction0:52 - First 100 Days & Gold4:35 - Gold, Uncertainty & Price10:45 - Trump Taxes & Deficits17:57 - W. Vs E. Gold Monetization25:44 - China & Trade War Options35:17 - Trump Greenland & Canada44:44 - Underinvestment in Mining55:00 - Miner Margins & Sentiment1:02:43 - Opinions at Conferences1:09:23 - Wrap Up Guest Links:Website: https://paradigmpressgroup.com/ Byron King has first-hand expertise and connections in important industries like commodities and defense. He literally goes the extra mile to bring you perspectives you won't find anywhere else. His insights have been featured on MSN Money, Marketwatch.com, Fox Business News, CNBC's Squawk Box, Larry Kudlow, Glenn Beck and PBS's NewsHour. He has also been published in the Financial Times, The Washington Post and The Wall Street Journal. Byron graduated from Harvard University with a degree in geological sciences. He then went to work as a geologist for Gulf Oil Exploration and Production. Next came a tour as a flight officer for the U.S. Navy. At one point, he was an aide to the United States Chief of Naval Operations. After leaving active duty, Byron began practicing law. In 2002, he started corresponding with the staff of The Daily Reckoning. His work was featured so frequently he was often called an “unpaid contributor.” When he officially joined the staff, he began criss-crossing the globe in search of the world's best mining investment opportunities. Even now Byron spends much of his time away from home, checking out remote exploration sites, mines, rigs and plants to bring you a first-hand account of almost every investment opportunity he recommends. His way of breaking down technical language into everyday English has earned him a lot of fans. And you can count on him to give you the clearest picture of companies that make the world work.

U.S. Treasury Secretary Scott Bessent tells CNBC that the White House is involved in talks with 18 key trading partners and that some deals are imminent. Ford suspends its outlook and reveals a $2.5bn loss as tariff uncertainty weighs. In Germany, the CDU's Friedrich Merz is to become Chancellor later today following his party's grand coalition agreement with the SPD. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump shrugs off concerns about his handling of the U.S. economy in an interview with NBC'S Meet The Press, stressing that his main goal is to agree a fair trade deal with China. Warren Buffett shocks Berkshire Hathaway shareholders by announcing his retirement. The billionaire investor has led the company for more than 60 years and will now hand over leadership to vice-chairman Greg Abel. Crude prices fall as Opec+ nations agree to speed up production hikes once again. Also in oil news, Shell is reportedly considering a takeover of rival BP. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

“I'm an accidental guru.” He was irreverent, he was focused, he was one of the world's most successful investors, and he was one of a kind. Billionaire investor Charlie Munger, the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett, died a few weeks shy of what would have been his 100th birthday. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death in his home in Los Angeles. In the first part of this special conversation, Charlie Munger reflects on his century of life and the perspective and knowledge he gained in his final years. For more, revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom. Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese.  CNBC's Managing Editor is Lacy O'Toole. John Lazration edited this podcast series.

“I'm an accidental guru.” He was irreverent, he was focused, he was one of the world's most successful investors, and he was one of a kind. Billionaire investor Charlie Munger, the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett, died a few weeks shy of what would have been his 100th birthday. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death in his home in Los Angeles. In Part 2 of this special conversation, Charlie Munger reflects on the childhood traumas that shaped him and the investing wins and losses that made his career. For more, revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom. Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese.  CNBC's Managing Editor is Lacy O'Toole. John Lazration edited this podcast series.

China said it is mulling tariff talks with the U.S. after the Trump administration reaches out - saying Beijing's door is always open. On the earnings front, Standard Chartered posted a 10% rise in first quarter net profit, with the Asian-focused lender maintaining its guidance despite heightened uncertainty. Apple and Amazon fell in extended trade despite earnings beats, as tariff uncertainty weighs on the outlook for big tech. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Meta and Microsoft both score quarterly profit beats on the top and bottom line, unfazed by the Trump tariff war. Qualcomm, however, sees its stock fall in after-hours trade and concern about the levies begins to weigh on its guidance. Spain's competition watchdog endorses BBVA and Banco Sabadell's €12bn merger deal. It now requires government approval. And in autos news, Tesla denies it ever considered replacing CEO Elon Musk following his extensive role for DOGE in the Trump administration. Trump, for his part, said Musk could stay in his cabinet as long as he wishes.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

UBS scores a Q1 beat with a better-than-expected net profit of $1.7bn on strong wealth management income. We hear from CEO Sergio Ermotti. Wall Street performance slumps to its worst level during the start of a new White House administration since President Gerald Ford's in 1974, however Commerce Secretary Howard Lutnick tells our colleagues Stateside the first trade deal is imminent. And logistics giant DHL confirms its FY guidance despite the turbulence caused by Trump's tariff policies. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

HSBC launches a $3bn buyback while Deutsche Bank beats on both the top and bottom line. Spain declares a state of emergency following a massive power outage with flights and other transport suspended and mobile and internet connections lost. Portugal was also hit by the blackout. Mark Carney and the Liberal Party are voted into power in Canada setting up a showdown with U.S. President Trump on trade tariffs and independence. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump says he has signed more than 200 trade deals to mark his first one hundred days in office amid varied recent polling. U.S Treasury Secretary Scott Bessent says progress is being made in trade talks with many Asian nations. European Commission President Ursula von Der Leyen announces she will meet with President Trump for trade talks following a brief meeting on the sidelines of Pope Francis' funeral. U.S. equities suffer their worst start to the year in more than 30 years.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alphabet shares rose in extended trade after reporting a top and bottom line beat, with its search and advertising units showing strong growth despite increasing AI competition. At the annual IMF meeting, ECB Governing Council Member Robert Holzmann told CNBC that he expects further rate cuts to come, but that the outcome of tariff talks will ultimately decide how much lower the base rate will fall. Bank of England Governor Andrew Bailey told CNBC exclusively that he doesn't think that the U.K. economy is on the brink of a downturn - despite the latest warning from the IMF. Over in Asia, Nissan flags a record loss of up to $5.3 billion dollars due to impairment charges as new CEO Ivan Espinosa attempts to turn around Japan's third largest automaker.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump is reportedly mulling slashing tariffs on Chinese imports, but Treasury Secretary Scott Bessent said that the country won't act unilaterally. In Europe, the Kering crisis continues, as Gucci first quarter sales slide by 25%. Meanwhile, Adidas bounces back, posting its strongest start to a year following the company's turnaround plans. BNP Paribas posted a first quarter beat and confirms its guidance, with CFO Lars Machenil telling CNBC that the French lender is outperforming on all key units. And there's more bad news for Tesla as its EU car registrations almost halve in the first quarter, while China's SAIC surge. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump eases back on Jerome Powell, insisting he has no intentions to fire the Fed Chair – spiking U.S. futures and calming concerns over the Fed's independence. U.S. markets rebound after Trump backs up comments made by U.S. Treasury Secretary Scott Bessent, saying that the tariff standoff with China is “unsustainable”. Elon Musk pledges to step back from his government work as Tesla posts its biggest earnings miss in half a decade. The IMF slashes its global growth forecast for 2025, warning that President Trump's tariff policies risk unleashing “major negative shock”. In Europe, the newly crowned most valuable company SAP posts a first quarter operating profit beat – up by 58%.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Dow falls as tech stocks fall after President Trump slams U.S. Federal Reserve Chairman Jerome Powell for failing to cut interest rates. The dollar falls to a three-year low on tariff concerns. Chinese battery maker CATL unveils new cells, claiming faster charging times and longer range than rival BYD. Also in autos news, Tesla shares plunge 6 per cent ahead of earnings due out later today with one analyst calling the decline a ‘Code Red' moment for the firm. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. markets tumble after Federal Reserve Chairman Jerome Powell says the central Bank is waiting on ‘greater clarity' of the impact of President Trump's tariffs. Powell warns that the U.S. economy could face rising inflation and a decreased jobs market as a result of the levies. Nvidia shares slump by 6.87 per cent after revealing a $5bn hit from U.S. export controls. Other semi-conductor companies follow suit into the red. In Europe, Siemens Energy hikes its outlook after a stellar Q2 result. The German firm posts its highest profit margin since being spun off from Siemens almost 5 years ago. And in luxury news, Milan-based fashion house Moncler defies the general slump in the sector to post a Q1 beat. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

China's economy expands by 5.4 per cent in the first quarter but President Trump's levies on the country fuel concerns about further stimulus measures from Beijing. ASML net bookings are down with the Dutch chip maker warning the Trump tariffs have heightened demand uncertainty. The U.S. president has called for a tariff probe into critical minerals, pushing mining stocks down and potentially opening a new front in his tariff offensive. Nvidia shares tumble after the semi-conductor giant warned of a $5.5bn charge for Q1 related to GPU chip exports to China. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. announces it is launching investigations into the chip and pharmaceutical imports. President Trump says that goods with strategic and security importance must be produced Stateside. The move could provoke further tariffs. Global auto makers see shares rise as President Trump hints at potential tariff relief for the sector. In luxury goods news, LVMH misses Q1 sales targets, falling 3 per cent on disappointing performance in Asia. Chinese President Xi Jinping visits Vietnam as part of a diplomatic tour of the ASEAN region in a bid to bolster regional ties as economic tensions with the U.S. increase. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump outlines tariff exemptions including smartphones, chips and other tech components but U.S. Commerce Secretary Howard Lutnick says the move is only temporary. The tech sector rallies in Asia with the Hang Seng leading gains. Chinese exports surge more than 12 per cent in March. President Xi Jinping slams the trade was with the U.S., saying that protectionism has ‘no way out'. The founder of Bridgewater Associates Ray Dalio tells NBC News tariffs and a falling dollar could signal a potentially serious economic downturn.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this clip from Gary's appearance on Squawk Box, he dives into a trend that's about to explode in the U.S. — live social shopping.If you've been sleeping on platforms like Whatnot, TikTok Shop, or even Instagram Live as sales channels, this is your wake-up call. Gary breaks down how social commerce is evolving, why it's dominating overseas, and what brands and creators need to do now to catch up.

The market sell-off continues. Following a brief rally, yields are up, the dollar weakens and the Dow loses a further 1,000 points as the trade war fuels concerns about a potential recession in the U.S. Inflation data Stateside comes in better than expected for March. It's the first consecutive monthly decline since 2020. European Commission President Ursula Von Der Leyen warns of digital advertising levies in the event U.S. trade talks should fail with counter-measures potentially extending to service imports.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wall Street enjoys a historic rally after President Trump announces a 90-day pause on reciprocal tariffs, not including China. Asian equities are also in the green with the Nikkei and Taiwan's Taiex leading gains. European futures are also up as are Chinese equities, despite Trump increasing levies on the country to 125 per cent. In Germany, the CDU/CSU and the SPD unveil a coalition deal with Chancellor-in-waiting Friedrich Merz addressing President Trump directly to give assurances on defence and economic competitiveness. And in autos news, Volkswagen shares plummet as the car maker misses forecasts by a wide margin amid tariff uncertainty. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tariffs are killing markets. A glimpse int what happens when we take a difference course Markets making some of the wort moves in decades Billionaires - all in on Trump lost billions... WAIT !!!!!! Maybe a 90-day pause on Tariffs now...Or Not... More finesse, less sledge hammer? PLUS we are now on Spotify and Amazon Music/Podcasts! Check this out and find out more at: http://www.interactivebrokers.com Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Markets making some of the worst moves in decades - Billionaires - all in on Trump lost billions... - WAIT !!!!!! Maybe a 90-day pause on Tariffs now...Or Not... - More finesse, less sledge hammer? Markets - Key Reversal Indicator - 1st Green cluster bottom on Monday.. Oversold? - Stock markets slammed - President Trump discussing stocks - Economic Pissing Match - Even more tariffs, or bluffs - VIX HITS 60! -- A Quick Poem - Green Eggs and Navarro --- One of the gents that responded to Vietnam's desire to have zero tariffs as "not enough" DAX on Monday and other Markets - Opened up down 10% - clawed back a bunch by end of the day - European stocks down 1.5% YTD 2024 - US Stock bearing the brunt of the move - Hong Kong (after being closed Friday) - closed Monday DOWN 13%! - Monday in Japan, Markets halted, futures trading suspended as Nikkei and Topix plunge more than 5% --- Follow up - then up 6% the next day - Monday YTD US Markets: Heads Up - Just in... - Tuesday at 12:30PM - 'White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it's retaliation. The 104% additional tariff will be collected starting tomorrow April 9th'  -Markets were trying to right themselves - up big to start the day - then this headline.... - What if  - China comes back at 200%? More: - Tuesday afternoon : White House Secretary Karoline Leavitt answers questions on trade at briefing: President Trump not considering delay in tariffs that are due to go into effect tomorrow at 12:01 AM - Where is the negotiation? Seems like a pissing match or bluff with unlimited funds. If you are interested - Rand Paul making all sorts of sense this morning - Trades are win-win. Trade does not mean that one side has to win and one lose. - https://www.cnbc.com/video/2025/04/08/sen-rand-paul-on-trump-tariffs-trade-is-an-integral-part-of-capitalism.html Stupid - Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump's new import tariffs, and will take other steps as needed. - Taiwan's Financial Supervisory Commission said in a statement it would limit the number of shares that can be sold short and raise the minimum short-selling margin ratio to 130% from 90%, starting from Monday and lasting until Friday. - We have seen how this plays out in the past. More references to bluffing - "I think it was a big mistake, this Chinese escalation, because they're playing with a pair of twos," Bessent said during an interview on CNBC's "Squawk Box." "What do we lose by the Chinese raising tariffs on us? We export one-fifth to them of what they export to us, so that is a losing hand for them." VIX - Hits 60 on Monday - then backs off to 45 - Not often we see a run like that. - Still at 45 shows big concerned about near-term volatility. --- S&P 500 top to bottom 7% move today - VIX was at 37 - back to 52 BREAK - IBKR Billionaires losing $$ - Do we feel bad? - Sample of losses on Liberation Day - Zuck lost $18B - Bezos lost $15B What? - Treasury Secretary Scott Bessent says Americans looking to retire aren't concerned about day...

President Trump's tariffs kick in for the so-called ‘worst offenders' with the minimum rate on certain Chinese goods hitting 104 per cent. Trump says the U.S. remains resolute. Asian equities are firmly in the red. European markets and Wall Street are both braced for more heavy sell-offs. U.S. Treasury yields also spike. The tariffs feud between Elon Musk and President Trump's top trade advisor Peter Navarro intensifies following disagreement over Tesla's auto assembly practices. Musk calls Navarro ‘dumber than a sack of bricks'. In Germany, the CDU/CSU and SPD are reportedly close to a coalition deal following 13 hours of negotiations. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Rich Zeoli Show- Full Show (04/07/2025): 3:05pm- In response to the Trump Administration's reciprocal tariff, the S&P 500 fell nearly 1% on Monday—and is now down 14% over the last three days of trading. It has lost more than $5 trillion in value since the beginning of last week. Meanwhile, the Dow Jones Industrial Average has declined by more than 20% from its recent high, entering correction territory. 3:30pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. 3:50pm- China has vowed to place an additional 34% tariff on U.S. imported goods—matching the tariffs the Trump Administration announced against Chinese-made products. In a post to Truth Social, Trump warned that if China retaliates, he will impose an additional 50% tariff on their goods effective on April 9th. Trump continued: “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.” 4:00pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. 4:30pm- Bill D'Agostino—Senior Research Analyst at Media Research Center—joins The Rich Zeoli Show to break down some of the best (and worst) clips from corporate media. Chief Justice John Roberts temporarily blocked a district court order demanding the return of a man the Trump Administration sent to an El Salvadorian prison. The deported man was in the U.S. illegally and, according to the administration, is a member of the gang MS-13. D'Agostino points out, however, that corporate media continually has continually referred to the deportee as “a Maryland father”—as if he had been randomly selected for removal! 5:05pm- Phil Kerpen—President of American Commitment—joins The Rich Zeoli Show to discuss the 2017 Trump tax cuts which will expire at the end of the year. Kerpen explains it is urgent the House and Senate agree on language to make those cuts permanent, especially with the economic uncertainty surrounding the Trump Administration's reciprocal tariffs. 5:30pm- While appearing on Fox News Sunday with Shannon Bream, U.S. Attorney General Pam Bondi said there is a “constitutional crisis”—pointing out that “since January 20th, we've had over 170 lawsuits filed against” the Trump Administration. Notably, Chief Justice John Roberts temporarily blocked a district court order demanding the return of a man the Trump Administration sent to an El Salvadorian prison. Meanwhile, New York Attorney General Letitia James told a crowd that she will use the law as a “sword” to go after President Donald Trump. 6:05pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. Similarly, Vietnam has pledged to reduce its tariffs to zero—however, while appearing on CNBC's Squawk Box, White House Trade Advisor Peter Navarro said it was “a small first start” and insisted the nation must also end trade “cheating.” During the interview, Navarro specifically mentioned Chinese products routed through Vietnam to avoid paying additional fees. 6:10pm- In response to the Trump Administration's reciprocal tariffs and the stock market's reaction, Goldman Sachs is now placing the likelihood of a recession at 45%. Treasury Secretary Scott Bessent has do ...

The Rich Zeoli Show- Hour 4: 6:05pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. Similarly, Vietnam has pledged to reduce its tariffs to zero—however, while appearing on CNBC's Squawk Box, White House Trade Advisor Peter Navarro said it was “a small first start” and insisted the nation must also end trade “cheating.” During the interview, Navarro specifically mentioned Chinese products routed through Vietnam to avoid paying additional fees. 6:10pm- In response to the Trump Administration's reciprocal tariffs and the stock market's reaction, Goldman Sachs is now placing the likelihood of a recession at 45%. Treasury Secretary Scott Bessent has downplayed the market's concern—noting that as many as 70 nations have already reached out to the administration offering more favorable trade terms to the United States. 6:30pm- China has vowed to place an additional 34% tariff on U.S. imported goods—matching the tariffs the Trump Administration announced against Chinese-made products. In a post to Truth Social, Trump warned that if China retaliates, he will impose an additional 50% tariff on their goods effective on April 9th. Trump continued: “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.” Weekday afternoons on Talk Radio 1210 WPHT, Rich Zeoli gives the expert analysis and humorous take that we need in this crazy political climate. Along with Executive Producer Matt DeSantis and Justin Otero, the Zeoli show is the next generation of talk radio and you can be a part of it weekday afternoons 3-7pm.

Dave Rubin of “The Rubin Report” talks about “Shark Tank's” Kevin O'Leary getting CNN's Abby Phillip to rethink her position on Trump's push to make Canada the 51st state after pointing out some overlooked facts; Secretary of Commerce Howard Lutnick telling CBS Evening News' Nancy Cordes Trump's tax plan that could eliminate income taxes for most Americans; Kevin O'Leary's pointing out why Elon Musk should be seen as a hero for his efforts with the DOGE; Scott Jennings telling CNN's Abby Phillip what she omitted in her failed attempt to demonize Donald Trump's support of Elon Musk and Tesla on the White House lawn; Delaware Governor Matt Meyer shocking “Squawk Box's” Andrew Ross Sorkin with his message for Elon Musk that will make business owners think twice about basing their business in Delaware; Marco Rubio explaining why pro-Palestine protest organizer Mahmoud Khalil shouldn't be surprised that his green card and student visa are being revoked; and much more. Dave also does a special “ask me anything” question-and-answer session on a wide-ranging host of topics, answering questions from the Rubin Report Locals community. WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Home Title Lock - Ensure that your home title is safe from thieves. Sign up today and you'll get access to your Personal Title Expert —a $250 value! – AND a complete title scan of your home's title. Go to: http://hometitlelock.com/rubinreport and USE promo code RUBIN Gravity Defyer - Sick of knee pain? Get Gravity Defyer shoes. Minimize the shock waves that normal shoes absorb through your feet, knees and hips with every step. Use the promo code "RUBIN30" at checkout, to get an extra 30% off orders over $120 or more. Just text RUBIN30 to 91888 or go to: http://gdefy.com and Use the promo code "RUBIN30" Field of Greens - If you don't always eat right and exercise but want to stay healthy use Field of Greens. You'll feel better with more energy, and you'll notice your skin, hair and nails will look healthier too. Go to: https://fieldofgreens.com and use PROMO CODE: DAVE for 20% off your first order. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Rubin of “The Rubin Report” talks about the fallout from Ukraine President Volodymyr Zelenskyy's disastrous meeting with Donald Trump and JD Vance over trying to bring an end to the Russia Ukraine War; Volodymyr Zelenskyy telling Fox News' Bret Baier why he refuses to apologize to President Trump; reports that Zelenskyy is now ready to agree to the Ukraine mineral deal with the U.S.; Palantir's Alex Karp telling “Squawk Box's” Joe Kernen why the Democratic Party is destroying itself by being against Elon Musk's plan to use the DOGE to eliminate government waste; AOC being completely confused by NPR's Steve Inskeep explaining why Republicans view Democrats as the party that weaponized the justice department and lawfare; Elon Musk telling Joe Rogan the real reason why the Democratic Party is so against the DOGE finding and eliminating the large amount of wasteful government spending; ; Elon Musk telling Joe Rogan why weeding out government corruption may cost him his life; and much more. WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Qualia - Qualia Senolytic removes those worn out senescent cells to allow for the rest of them to thrive in the body. Go to: https://Qualialife.com/RUBIN for up to 50% off and use code RUBIN at checkout for an additional 15% off Bunkr Life LLC - An affordable app protecting you against identity theft, cyber-crime and surveillance owned and operated by security professionals. Visit the BUNKR website for more information and to download the desktop app: https://bunkr.life Download BUNKR from the AppStore or PlayStore using Offer Code "Rubin" to get 25% off! Wrinkle Filler - Take years, or even decades off your appearance in under 2-minutes. Watch Dr. Layke's step-by-step video free and uninterrupted. Go to: https://BHMD1.com/Rubin Learn more about your ad choices. Visit megaphone.fm/adchoices