Squawk on the Street
Sell-Off Deepens, China Retaliates Against the U.S. With Tariffs, Labor Sec. on Jobs Report 4/4/25
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Show notes
After the worst day for stocks since 2020, Carl Quintanilla and Jim Cramer drilled down on the extension of the global market sell-off, the deeper decline sparked by China retaliating against the U.S. by imposing 34% tariffs on American goods. Hear what Jim had to say about President Trump's tariff game plan. Tech among the sectors extending Thursday's losses: Apple's valuation falls below $3 trillion. Treasury Secretary Lori Chavez-DeRemer joined the program with White House reaction to the March jobs report. She and the anchors also discussed tariffs and the labor force. Also in focus: the 10-year yield falls below 4%.
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