Hi, I'm Becky Quick, co-host of Squawk Box, and this is five things to know before the opening bell.

President Trump reiterating a warning that fairly substantial tariffs are coming on semiconductor imports from companies that don't move production to the United States.

The president made those comments at a meeting with tech executives last night.

Speaking about Apple specifically, Trump said, Tim Cook would be... The president made those comments at a meeting with tech executives last night.

Speaking about Apple specifically, Trump said,

Tim Cook would be in pretty good shape.

Bitters for a portion of Starbucks China operations have submitted offers valuing that business at up to $5 billion.

That's according to a Reuters report.

It says that most of the offers valued Starbucks China at 10 times its expected 2025 EBITDA.

AI startup anthropic will stop doing business with companies that are majority owned by Chinese firms.

An anthropic executive who spoke to the Financial Times says that the company is trying to limit the ability of China's military and intelligence services to use its technology. That FT report says that the move will have an impact in the low hundreds of millions of dollars on anthropics revenue,

but the big question is will the other open, will the other AI components and large language models follow along the

Trump administration abandoning a plan that could have put airlines on the hook to

compensate stranded passengers if flight cancellations were caused by the carriers

themselves the rule was proposed in the final weeks of President Joe Biden's

administration in a statement a key airline industry trade group applauded this latest move from the White House.

And PBS says that it has eliminated about 100 staff positions over the last several months because of the loss of federal funding.

Congress cut $1.1 billion in funding for PBS and NPR back in July.

The network had already implemented travel restrictions and hiring freezes and paused pay increases.

We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squackbox.

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