Trump’s Potential Flexibility On Tariffs… And OPEC’s Impact On Oil & Energy 3/21/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 21 March 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks bouncing off their lows, but still closing out another negative week, as President Trump weighs in on potential “flexibility” on planned reciprocal tariffs. How Wall Street is reading his latest comments, and what Trump’s comments this week say about the White House’s interest in the stock market. Plus Oil notching a 2nd straight weekly gain, as investors brace for tighter supply. How U.S. sanctions on Iran, and the latest output plan from OPEC+ is impacting the oil space. Fast Money Disclaimer

Transcript

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0:00.0	Live for the NASDAQ market site in the heart of New York City's Times Square.
0:04.1	This is fast money, and here's what's happening right now.
0:07.2	Stock staging a comeback after the president uses the F word, flexibility around tariffs,
0:13.7	and the losing streak goes out with it.
0:16.3	The SMB and NASDAQ, both breaking month-long losing runs.
0:24.2	Call it an energized trade. Oil is up as the U.S. lays out more sanctions on Iran, but why isn't there more of a war premium built in? Plus,
0:30.7	Boeing's big win, Nike's big loss, and Elon Musk telling Tesla employees to hold on.
0:37.8	Hi, everybody.
0:38.4	I'm Brian Sullivan in for Melissa tonight.
0:40.5	Coming to you live, as always, from Studio B right here at the NASDAQ and on your desk on
0:44.5	this Friday, Mr. Tim Seymour, Bono and Eisen, got Steve Grasso and Carter Worth joining
0:51.1	us as well.
0:52.3	Guys, welcome.
0:52.9	Let's start with some signs that President Trump
0:55.9	may be ready to deal around tariffs. He said today that there will be, quote, flexibility on
1:03.0	tariffs. That's a pretty big comment. But Trump did stop short of making any firm exemptions
1:08.1	ahead of the planned April 2nd starting date. But that word,
1:13.2	flexibility, that one word, helping your investments, stocks bouncing off their lows, and the three
1:19.6	major indexes also higher on the week. So let us start the show by talking about what is driving
1:26.2	stocks right now. That is largely tariffs.
1:29.9	Megan Cassell is at the White House with more on all the signals. Some of them certainly mixed.
1:35.4	Coming from the president.
	...

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