VAT = Value Added Tariff?, The Future of Intel, U.S.-Russia Ukraine Talks 2/18/25

President Trump reiterated his reciprocal tariff plan over the weekend. We’ll speak to an expert that says it really could lead to 20% or more tariffs on many of our biggest trading partners. Plus, shares of Intel are surging again today amid reports it could be broken in two. But we’ll speak to an analyst who says he has a “better” idea to create value. And, U.S. and Russia officials are holding their first high-level talks in more than two years, as they try to negotiate a truce in the Ukraine conflict. We’ll get the latest details.

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"The Exchange" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work.