Squawk on the Street Trade Spotlight: U.S Forges Deal Framework With EU, Begins New Talks With China 7/28/25
Jul 28, 2025
The discussion centers around a newly established trade framework between the U.S. and EU, introducing a 15% tariff on most EU goods. Insights are shared on the impact of new trade talks with China and the economic implications for investors. President Trump’s remarks on pharmaceutical tariffs are analyzed in the context of reviving U.S. manufacturing. Additionally, there’s a focus on the mega-cap tech earnings season, especially regarding companies like Tesla and Intel, alongside broader market trends and emerging investment risks.
AI Snips
Chapters
Transcript
Episode notes
U.S.-EU Trade Framework Boosts Energy
- The U.S.-EU trade framework with 15% tariffs may boost U.S. natural gas energy exports.
- It signals a significant shift favoring American suppliers, seen as very bullish for markets.
Tariff Impact on Prices and Margins
- The 15% tariff on EU goods might be absorbed by manufacturers rather than consumers.
- This protects consumers and could indicate margins, not prices, are affected.
Complex U.S.-China Trade Talks Begin
- U.S.-China trade talks in Stockholm are slower than expected and with a smaller U.S. delegation.
- The talks may lead to a future meeting between Xi Jinping and Donald Trump, covering broad issues.