Squawk on the Street
Market Rallies on U.S.-China Trade Deal, Pharma Stocks Slide on Trump Executive Order News 5/12/25
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Show notes
Carl Quintanilla, Jim Cramer and David Faber covered Monday's major market rally, sparked by a new U.S.-China trade deal in which both countries agreed to slash tariffs for 90 days. What should investors do now? Pharma stocks under pressure after President Trump said he would sign an executive order aimed at lowering drug prices. Hear what the president said about the U.S.-China trade agreement at his news conference.
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