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SOTS 2nd Hour: Eli Lilly Shares Slim Down, Chip on Trump’s Shoulder, Exclusive: ConocoPhillips CEO 8/7/25

Squawk on the Street

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Economic Indicators and Tariff Impacts

This chapter examines recent economic indicators, particularly the rise in wholesale sales and the implications of proposed tariffs on the chip sector. Discussions include the expected burden of tariffs on consumers versus companies, and how these factors may influence market trends and Federal Reserve policies. The conversation further explores employment trends and small business concerns, highlighting the intricate dynamics of the current labor market.

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