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Squawk on the Street

Inflation Surprise, Trump's Tariff Threat Against EU Alcohol, Intel Surges on CEO Pick 3/13/25

Mar 13, 2025
41:41

Carl Quintanilla and Jim Cramer explored market reaction to inflation data which saw a surprise decline in the February PPI core rate. The anchors 

discussed President Trump’s threat to slap the European Union with a retaliatory 200% tariff on the bloc's alcoholic beverages. Shares of Intel surged 

after chip industry veteran Lip-Bu Tan was named its CEO. Can he turn the chipmaker around? Also in focus: What FTC Chair Andrew Ferguson told CNBC about 

regulating big tech, Adobe falls despite a Q1 beat, the signals retail earnings are sending investors about consumer behavior, Democrats blast Elon Musk in campaign ads.

 

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