Squawk on the Street
SOTS 2nd Hour: Tariffs Latest Ahead of Trump’s Remarks, Tesla’s Road Ahead, and Newsmax Shares Slump 4/2/25
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Show notes
A mixed morning for stocks as President Trump’s “Liberation Day” begins – with key policy details coming at 4 PM Eastern. Sara Eisen, David Faber, and Carl Quintanilla discussed where things stand when it comes to consumers, CEO confidence, and more to start the hour – alongside fresh manufacturing data. Why BMO’s Brian Belski says the street is overreacting here on recession fears… Plus – the head of policy at the U.S. Chamber of Commerce, who’s forecasting higher prices ahead as a result.
Also in focus: Tesla deliveries disappoint – former Ford CEO Mark Fields joined the team to breakdown the numbers, and the road ahead; What’s driving volatility in shares of Newsmax, as shares plummet off recent highs; And a look at whether gold’s rally has more room to run here.
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