Fresh headlines over the weekend as President Trump considers more tariffs (this time on all steel and aluminum imports into the U.S.) – and China’s retaliatory ones begin. Carl Quintanilla, Leslie Picker and Scott Wapner broke down the latest out of Washington, and what it all means for the market. Why one London School of Economics professor says China’s better prepared for tariffs this time around. Plus – David Tepper betting big on related stocks like Alibaba and JD.com according to a new 13F filing, released during the hour – the team discussed the move… along with Barclay’s prediction of the sectors most at risk of tariff headwinds.

Also in focus: Financials one of the best performing sectors over the last 1-year – what’s driving the gain; NFL Superagent Drew Rosenhaus talks the big game; and the backlash over one telehealth company’s first ever Superbowl commercial

Squawk on the Street Disclaimer