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Squawk Pod

100 (More) Days of Trump: Big Tech & Voter Sentiment 4/30/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 30 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Three months into President Trump’s second term, pollster Frank Luntz explains voter sentiment. While conservative and liberal Americans remain steadfast, Luntz says the political center has been disappointed with the execution of the promises it voted for. After a brief but heated spat between the White House and Amazon, President Trump has called Jeff Bezos a “good guy.” Wired Editor-at-Large Steven Levy explains Amazon’s idea–and then rejection–of marking the cost of tariffs on its low-cost site Amazon Haul. Levy discusses big tech’s complicated relationship with the administration. Plus, Commerce Secretary Howard Lutnick says the U.S. has reached its first trade deal, and due to a surge in imports, the U.S. economy contracted during President Trump’s first 100 days. CNBC’s Steve Liesman discusses the intersection of a global trade war and America’s GDP. Frank Luntz - 23:00 Steve Liesman - 16:44 Steven Levy - 34:25 Rick Santelli & Steve Liesman - 40:26 In this episode: Steven Levy, @StevenLevy Frank Luntz, @FrankLuntz Steve Liesman, @steveliesman Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:06.9

Today on Squawk Pod.

0:09.6

100 days into President Trump's second term, what's changed?

0:13.5

For voters, pollster Frank Luntz says not too much.

0:17.0

The level of hardcore support among Trump voters for their president I've never seen in 35, 40 years of politics.

0:26.0

The hostility among those who did not vote for him is similarly as great, as intense.

0:33.2

Three eventful months, including a skirmish between the White House and Amazon over tariffs

0:38.4

and potential price changes. Wired editor-at-large Stephen Levy explains the tension,

0:43.1

the placating, and the big tech big picture.

0:45.9

This is just a little scuffle that's portending bigger scuffles to come.

0:51.3

Plus the first trade deal made.

0:54.5

Really?

0:55.0

So the Commerce Secretary says.

0:56.7

And the U.S. economy contracts for the first time since 2022, GDP, sentiment, and all the number crunching with CNBC's Steve Leesman.

1:05.4

I have explained a lot of very complicated things on television in the last 20 years.

1:09.7

This is the most complicated

1:10.9

thing. Really? It's Wednesday, April 30th, 2025. Squawk Pod begins right now.

1:18.3

Stand Becky by in three, two, one. Cuea, please. Good morning, everybody. Welcome to Squackbox

1:26.0

right here on CNBC. We're live from the NASDAQ market site in Times Square. I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin. And here we go. On this Wednesday morning, I had to think about what day it is. April has been a bit of a rebound month. If you're looking right now at where these market stands, it's been six days in a row of wins for the

1:44.8

Dow. That's the first time that that's happened since July of last year. The S&P is up for six

1:49.6

days in a row, and that's the first time that's happened since November of last year. The Dow and the

...

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