White House Economic Advisor Kevin Hassett: Uncertainty Until April 2 3/17/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 17 March 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

The US markets are still searching for solid footing, as President Trump’s tariff agenda unfolds. The President’s economic advisor Kevin Hassett explains that April 2nd will bring the certainty and clarity that investors are hoping for. Elon Musk’s work on DOGE in Washington, DC has split his time between government efficiency and leading Tesla, SpaceX, X, and Neuralink. The Wall Street Journal’s Tim Higgins considers whether Musk’s presence in DC is putting a dent in investor confidence in Tesla, as the company’s stock price feels the pressure. Plus, a government shutdown averted, two astronauts one step closer to Earth, and the public’s view on the economy, under President Trump. Happy St. Patrick’s Day! Kevin Hassett - 16:51 Tim Higgins - 28:53 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.4	Hi, I'm CNBC producer Katie Kramer.
0:07.1	Here's what's coming up today on Squawk Pod.
0:10.6	Markets up, markets down, and down some more.
0:13.7	How much can nervous investors take when it comes to the back and forth of tariff policy?
0:18.4	President Trump's economic advisor, Kevin Hassett, joins us.
0:21.0	There should be clarity, absolute clarity. The president has cleared. Are we going to have
0:24.5	reciprocal...
0:25.3	Well, yeah. April 2nd, you're going to see the reciprocal tariffs.
0:29.4	And is the Doge brand of Elon Musk takes Washington putting a dent in Tesla? Wall Street
0:35.3	Journal reporter Tim Higgins on the future of that company.
0:38.3	While he's making the bet on robots, the near term, it's not clear that there's a huge
0:42.9	product lineup.
0:44.1	That's what some investors are very much worried about.
0:48.1	Plus the latest on messaging about the economy, the astronauts one step closer to home,
0:53.7	and yeah, Friday seems like a long
0:55.6	time ago. The government shut down, averted.
0:57.8	But the journal calls it Chuck Schumer's finest hour.
1:01.5	But not without political repercussions.
1:03.6	The Democrats just don't have any good answers on this, because they can't figure out
1:07.1	what to do.
1:09.2	It's Monday, March 17th, 2025. You're such a crouch. Well, wouldn't you be?
	...

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