meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime: White House’s Peter Navarro on Tariffs; IBM CEO Exclusive Interview 3/11/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 11 March 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

White House aid Peter Navarro weighs in what’s next for trade policy and tariffs. Vital Knowledge Founder Adam Crisafulli and Calamos Investment Management Co-CIO Michael Grant break down volatile markets. IBM CEO Arvind Krishna joins exclusively to discuss AI innovation and enterprise demand. Yale School of Management Senior Associate Dean Jeffrey Sonnenfeld on CEO sentiment and the business impact of Trump’s policies. Plus, Moody’s Analytics Chief Economist Mark Zandi on recession odds, JOLTS data, and the CPI preview.

Transcript

Click on a timestamp to play from that location

0:00.0

That's the end of regulation. Clean Harbor is ringing the closing belt, the New York Stock Exchange, Global Eid doing the honors at the NASDAQ.

0:06.4

Another roller coaster session as the market reacts to fast-moving tariff and trade developments,

0:12.3

with stocks closing off the lows on late-breaking headlines from the lows to the highs for the S&P,

0:18.0

nearly 2% move today, but fading again into the close here.

0:21.4

That's the scorecard on Wall Street, but the action is just getting started.

0:24.9

Welcome to closing bell overtime. I'm Morgan Brennan at CNBC headquarters.

0:28.6

Coming up in just a moment, White House Senior Council for Trade and Manufacturing, Peter Navarro,

0:33.8

is going to join us in a first on CNBC interview to talk about the trade developments

0:38.2

between the U.S. and Canada and more.

0:40.9

Plus, John Fort is at South by Southwest in Austin, Texas, where he will be joined shortly

0:46.6

by a special guest, John.

0:49.7

That's right.

0:50.6

Morgan, IBM CEO, Arvin Krishna, is here.

0:53.7

We just did a little conversation here in a keynote today at South by Southwest.

0:58.4

We're going to talk about the White House. He was there yesterday with President Trump.

1:03.0

Also talk about the impact of tariffs and this market turmoil on the business of technology companies, AI, quantum, and more.

1:12.2

All right, we're looking forward to that, John.

1:14.4

We're going to see in just a little bit.

1:16.4

We begin, though, with the tariff news that shaped the trading day, again.

1:20.6

Stocks fell mid-session after President Trump said he would double the tariffs on Canadian steel and aluminum to 50%.

1:25.4

That was in response to Ontario's move to place a 25% tax on electricity exports to the United States.

1:32.4

But we came off the lows after Ontario's premier said the electricity surcharge would not take effect.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.