Squawk Pod The Warner Brothers Discovery Split & A Big Handshake with China 6/9/25
5 snips
Jun 9, 2025 
Kevin Hassett, former National Economic Council Director, shares insights on U.S.-China trade negotiations, emphasizing the urgency of securing rare earth metals for tech industries. David Faber, CNBC's financial reporter, breaks down Warner Brothers Discovery's ambitious plan to split into two public companies by next year, exploring its ramifications for the media landscape. They dive into market dynamics, inflation, and tensions stemming from trade discussions, keeping the conversation engaging and insightful.
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Rare Earth Minerals Deal Expected
- The trade talks aim for a quick handshake to ensure China releases rare earth minerals urgently needed by U.S. companies.
- This release could prevent production disruptions in key sectors like autos and technology.
Mutual Export Controls Easing
- The U.S. expects mutual easing of export controls: China will release rare earth materials, and the U.S. will relax semiconductor export restrictions.
- This reciprocal easing is seen as a key step to move trade talks forward.
Inflation Dropping Despite Tariffs
- Inflation has been decreasing steadily over four years, contradicting claims it would rise due to tariffs.
- If inflation numbers stay consistent, there will be pressure on the Fed to cut rates soon, respecting their independence.
