Squawk on the Street U.S.-Japan Trade Deal, Capital R(AI)ses, Remembering Larry Bossidy 7/23/25
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Jul 23, 2025 The podcast kicks off with a deep dive into the U.S.-Japan trade deal, highlighting its 15% tariff agreement and its impact on the auto industry. Discussions then shift to the race for AI resources, with OpenAI and xAi seeking capital for expansion. The hosts also pay tribute to the late Larry Bossidy, reflecting on his contributions to corporate success. The show further explores market dynamics, including meme stocks and emerging competition in the financial sector, providing insights into the evolving landscape for investors.
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U.S.-Japan Trade Deal Benefits
- The U.S.-Japan trade deal reduces tariffs to about 15%, benefiting both countries significantly.
- It prevents potential trade conflicts while enabling substantial Japanese investment into the U.S.
Larry Bossidy's Leadership and Charity
- Larry Bossidy was praised for his rigorous leadership and willingness to tackle tough, taboo topics.
- Jim Cramer fondly recalled partnering with him on charity work addressing teenage suicide prevention.
AI Capital Race Intensifies
- OpenAI aims to raise an additional $10 billion, building on a previous $30 billion commitment.
- Elon Musk's xAI plans to lease GPU power to fuel AI race expansion with massive capital requirements.