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SOTS 2nd Hour: China Trade Deal Latest, Drug Prices EO, and Live: New Trump Remarks 5/12/25

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Manage episode 482272422 series 2534991
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Stocks rallying across the board as the U.S. and China agree to slash reciprocal tariffs for 90 days – Carl Quintanilla, David Faber, and Leslie Picker broke down the latest, in addition to President Trump’s new Executive Order aimed at lowering drug prices (signed within the hour).

Longtime market vet & Evercore Founder Roger Altman calling the China progress “encouraging” - while one former U.S. Trade rep for China Affairs argues: keep waiting for hard details and facts here. Rockefeller’s Ruchir Sharma, meanwhile, saying look elsewhere: namely Latin American markets. Plus: a look at how this EO on drug prices could impact pharma stocks – and your wallet – with Former FDA Commissioner Scott Gottlieb… And breaking Fed headlines from Governor Kugler – who’s warning the growth outlook remains murky here.

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2006 episodes

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Manage episode 482272422 series 2534991
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Stocks rallying across the board as the U.S. and China agree to slash reciprocal tariffs for 90 days – Carl Quintanilla, David Faber, and Leslie Picker broke down the latest, in addition to President Trump’s new Executive Order aimed at lowering drug prices (signed within the hour).

Longtime market vet & Evercore Founder Roger Altman calling the China progress “encouraging” - while one former U.S. Trade rep for China Affairs argues: keep waiting for hard details and facts here. Rockefeller’s Ruchir Sharma, meanwhile, saying look elsewhere: namely Latin American markets. Plus: a look at how this EO on drug prices could impact pharma stocks – and your wallet – with Former FDA Commissioner Scott Gottlieb… And breaking Fed headlines from Governor Kugler – who’s warning the growth outlook remains murky here.

Squawk on the Street Disclaimer

  continue reading

2006 episodes

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