Squawk Pod 5 Things to Know Before the Opening Bell 7/11/2025
Jul 11, 2025
Discover the latest buzz in financial news as new tariffs on Canada are set to reshape trade dynamics. Follow Marco Rubio's international journey in Asia and what it means for diplomacy. Google's partnership to provide cloud services for the government raises eyebrows in tech circles. Exciting product launches are on the horizon for Apple, hinting at fresh innovation. Plus, Flutter's moves to acquire FanDuel highlight the evolving landscape of gaming and entertainment.
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Tariffs and Trade Tensions
- President Trump announced a 35% tariff on imports from Canada, citing fentanyl as a reason.
- Marco Rubio's meeting with China's foreign minister signals ongoing trade tensions and hints at a likely summit between Presidents Trump and Xi.
Google Joins Govt Cloud Race
- Google is set to provide cloud computing services to the U.S. government at a heavily discounted price.
- This deal mirrors a similar contract recently cut by Oracle, showcasing major tech firms' growing government involvement.
Apple's 2026 Product Slate
- Apple plans multiple new product releases in early 2026, including a low-end iPhone, several iPads, and updated Macs.
- This signals Apple's ongoing strategy to refresh key product lines in response to market demand.