Squawk Pod When Trump Hit Pause & Amazon’s Andy Jassy 4/10/25
Apr 10, 2025
Join Kevin Hassett, former National Economic Council Director, as he unpacks the recent turbulence in the markets following Trump’s unexpected tariff pause. He shares insights on how this might affect negotiations and consumer prices. Then, dive into a revealing conversation with Andy Jassy, CEO of Amazon, who explains how rising tariffs could influence seller pricing strategies. Together, they shed light on the complexities of international trade and the future of consumer experiences amidst economic shifts. It's a compelling mix of politics, business, and market dynamics!
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Trump's Tariff Pause
- The market now understands that President Trump can change his mind.
- This realization might affect future negotiations and create uncertainty.
Tariff Decision-Making
- Kevin Hassett clarifies that the administration was not divided on tariff policy.
- Secretary Lutnick was present with President Trump during the final decision to pause tariffs.
Trump's Trade Strategy
- President Trump aimed to create pressure on trading partners to achieve fundamental changes for American workers.
- Negotiation signals were present before the market fluctuations.
