Squawk on the Street
Markets and Pres. Trump: The Sequel, Mnuchin Talks TikTok, Apple Extends January Losses 1/21/25
Jan 21, 2025
Former U.S. Treasury Secretary Steven Mnuchin shares insider insights on the economic implications of President Trump's return to office. He discusses the future of TikTok amidst changing political landscapes and executive orders. The conversation also touches on tariffs and the evolving relationship with China, examining how these factors may impact investors. In addition, the analysis of Apple’s recent performance and the broader market response paints a vivid picture of the intersection between politics and finance.
45:42
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Quick takeaways
- The new Trump administration is likely to foster a pro-business environment with potential tariff reductions and supportive policies for investors.
- TikTok's future remains uncertain as the administration seeks to negotiate a compromise addressing national security while potentially restructuring ownership.
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