Squawk Pod
Jason Wright, Mellody Hobson, & the RFK Jr. Hearings 01/31/25
Jan 31, 2025
Steve Liesman, a CNBC reporter specializing in economic analysis, discusses the implications of President Trump's tariffs on Canada and Mexico. Former FDA Commissioner Dr. Scott Gottlieb critiques Robert F. Kennedy Jr.'s understanding of healthcare during his challenging confirmation hearings. Mellody Hobson, co-CEO of Ariel Investments, speaks about the exciting investment landscape in women’s sports, particularly with the new National Women’s Soccer League franchise in Denver, advocating for diversity and inclusion in corporate leadership.
35:57
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Quick takeaways
- Jason Wright and Mellody Hobson’s investment in women’s sports through Project Level reflects the growing market value and confidence in women's athletics.
- Robert F. Kennedy Jr.'s confirmation hearings revealed significant gaps in understanding Medicare and vaccinations, raising concerns over public health leadership.
Deep dives
Impact of Trump's Tariff Agenda
President Trump is set to impose a 25% tariff on imports from Canada and Mexico, citing issues such as immigration and a significant trade deficit. Despite his claims of a $250 billion trade deficit with Canada, the actual figure is reported to be approximately $41 billion, indicating a potential misunderstanding of the economic landscape. The tariffs, aimed at addressing perceived unfair trade practices, could disrupt the intricate trade relationship established through agreements like NAFTA. Economists express concern that these measures may not effectively address the underlying economic issues and could harm U.S. manufacturers relying on imports.
