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SOTS 2nd Hour: Steeling For More Tariffs, The Energy Outlook - Plus: CEOs of Hilton and Bristol Myers Squibb 6/2/25

Squawk on the Street

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Strategic Partnerships and Global Trade Impacts

This chapter explores a major $11 billion partnership announced by a CEO to advance experimental cancer treatments, highlighting the synergy between companies and potential patient outcomes. It also addresses the complexities of tariffs on the pharmaceutical industry, the debate over drug pricing in the U.S., and significant geopolitical discussions between U.S. and China leaders. Additionally, the chapter touches on the travel industry's response to global economic pressures and trends in consumer travel preferences.

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