Tariffs on the EU & Consumer Tastes 5/27/25

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  • Episode
      1580
  • Published
      27. maj 2025
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Episode
1580 of 1650
Længde
43M
Sprog
Engelsk
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Kategori
Økonomi & Business

After a whiplash weekend of trade news, the U.S. will institute a 50% tariff on goods from the EU, starting in July. National Economic Council Director Kevin Hassett discusses the goals for ongoing negotiations and offers a hint at new trade deals coming soon. Ray Washburne sits on the boards of Sunoco and Red Lobster, and he’s invested in luxury retail centers, offices, and restaurants. Based on his exposure to the American consumer, Washburne warns about consumer debt and suggests watching diesel as a barometer for U.S. economic and consumer health. Plus, Disney’s live-action remake of “Lilo and Stitch” led the box office over the long weekend, Japan’s long-dated bond yields have fallen, and Elon Musk will now be “super focused” on X, xAI, and Tesla.

Ray Washburne - 14:20

Kevin Hassett - 31:37

In this episode:

Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie


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