Squawk Pod 5 Things to Know Before the Opening Bell 7/7/2025
Jul 7, 2025
Get ready for market shifts as Treasury Secretary Scott Bessent warns about looming tariff reverts for non-compliant countries. Meanwhile, Israeli Prime Minister Netanyahu meets with President Trump, potentially altering geopolitical dynamics. In tech news, Oracle is offering a significant discount on software to the U.S. government. Plus, the resignation of Congressman Mark Green could tighten the political landscape in the House, influencing upcoming decisions.
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U.S. Tariff Deadline Insight
- Countries that fail to reach a U.S. trade deal by August 1st will face tariff rates reverting to April levels.
- This policy emphasizes a firm U.S. stance on accelerating trade agreements under deadline pressure.
U.S.-Israel Political Engagement
- President Trump is meeting Israeli Prime Minister Netanyahu amid ongoing ceasefire talks.
- The meeting highlights U.S. involvement in Middle East diplomacy despite no breakthrough yet.
Tech Discounts to U.S. Government
- Oracle offers steep discounts to the U.S. government on software and cloud services through November.
- Major tech companies are cutting prices under government efforts to reduce operational costs.