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Squawk Pod

Biden’s Big Night, Pompeo on China & Tesla at $2,000

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2543 Ratings

🗓️ 21 August 2020

⏱️ 38 minutes

🧾️ Download transcript

Summary

Secretary of State Mike Pompeo addressed lingering tension between the United States and China over TikTok’s sale, trade and threats to national security. America’s top diplomat urged United Nations colleagues to restore sanctions on Iran, and Pompeo vowed to continue to go after China for policies demanding that all Chinese companies are “beholden to their security apparatus.” Former Vice President Joe Biden stated his case for uniting a coronavirus-fatigued America on the final night of the Democratic National Convention. Frank Luntz, pollster and political strategist, says “Joe Biden is ahead, and the challenges for Donald Trump are significant” heading into next week’s GOP convention. Plus, Burberry’s high-fashion masks, Tesla’s stock split and ridesharing companies Lyft and Uber received an emergency stay to continue operations in California.

Transcript

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0:00.0

This is the

0:02.0

This is Squawk Pod. I'm CBC producer Katie Kramer. Today on our podcast

0:07.0

I accept this nomination for President of the United States of America.

0:12.0

Joe Biden is the Democratic nominee for President President of the United States of America.

0:12.6

Joe Biden is the Democratic nominee for President delivering a speech to set himself

0:16.8

apart from Donald Trump, bolster Frank Luns on what comes next.

0:20.5

The Republican Convention, it's going to be tough. It's going to go after

0:24.0

Joe Biden for the one thing that he doesn't want to talk about, which are the

0:28.4

economic policies that either divide him from America or divide him from the left of his party.

0:35.5

Secretary of State Mike Pompeo says the Trump administration's approach to China

0:39.6

certainly differs from the Democrats.

0:41.4

They have completely ignored the threat from the

0:43.8

Chinese Communist Party not only during their convention, but for the eight years

0:48.2

that they were in office. And Pompeo on the U.S.'s loan approach to restoring sanctions on Iran.

0:54.4

This is a regime that remains the world's largest state sponsor terror.

0:57.1

We're not going to let them in October of this year to begin to buy and sell weapons in a

1:00.8

handful of days.

1:01.7

That's just nuts.

1:03.0

Plus anchors Joe Kernan, Kelly Evans, and Wilford Frost on the riddle of the day.

1:08.0

How is Tesla like a banana? It's getting ready to split. That is just terrible. I wish I had

1:15.0

pre-read that. Did you write that joke? I have access to the scripts, but I did not

1:20.4

put banana in there. Well, Kelly was laughing a lot more than I was I

...

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