Trump Tariff Sell-Off Deepens 4/4/25

China announced a 34% retaliatory tariff on all goods imported from the U.S. on Friday morning following President Trump’s decision to slap steep tariffs on many countries. University of Pennsylvania Wharton School of Business professor Jeremy Siegel calls Trump’s actions the “biggest policy mistake in 95 years.” Meanwhile, in the nation’s capital, Senators Maria Cantwell and Chuck Grassley introduced bipartisan legislation to give Congress more power in setting and approving trade policy. Sen. Cantwell explains the push to limit the President’s authority. Plus, Snap-on CEO Nick Pinchuk weighs in on whether the broad tariffs were actually necessary and how they place the spotlight on the difficulties of manufacturing. Jeremy Siegel - 11:40 Sen. Maria Cantwell - 25:46 Nick Pinchuk - 33:18 In this episode: Maria Cantwell, @SenatorCantwell Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Om Podcasten

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.