Apple’s Bet on India; U.S. Tensions in China & in Congress 04/18/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 18 April 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Fresh off his own trip to Taiwan and China, New York Times foreign affairs columnist Thomas Friedman discusses the complicated cultural and financial relationship between the U.S. and China. House Minority Leader Rep. Hakeem Jeffries (D-NY) discusses the tense debt ceiling negotiations across the aisle and a timeline for a resolution. CNBC’s Steve Kovack reports on Apple, which has opened its first store in India in a shift away from China. Plus, McKinsey is paying new hires to delay their starts, and Florida Governor Ron DeSantis is taking on Disney (again). In this episode: Hakeem Jeffries, @RepJeffries Thomas L. Friedman, @tomfriedman Steve Kovach, @stevekovach Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:43.4	now let's get to the podcast.
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0:48.8	Today on Squawk Pod
0:52.1	the US and China tense but tethered whether we like it or not.
0:57.0	Fresh off his trip to China, New York Times columnist Tom Friedman.
1:01.0	It's really the US and China that became the real one country two systems
1:05.2	not China and Hong Kong and we are deeply integrated. Debt ceiling
1:10.0	tensions high and getting higher house minority leader hakem Jeffries even the flirtation
1:16.3	with a default is going to hurt everyday Americans it risks raising car
1:21.0	payments it risks raising home mortgage payments, it risks
	...

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