Market Moving Insight and Analysis.

Join Jim Kramer, David Faber, and me, Carl Kintanilla, on the opening bell,

on the street.

You're listening to Squawk on the Street, the opening bell, in progress.

That is the Treasury Secretary on the President's 100th day in office.

It is Scott Beston who gets the press briefing at the White House. Good Tuesday morning.

Welcome to Squamuck on the street. I'm Carl Kingtonia with Jim Kramer, David Faber, Post 9 of the New York Stock Exchange.

Jim, talking some trade tariffs, talking deregulation, talking taxes. Yeah, and I think that the

ultimate takeaway for viewers at home is that they, the president did say through this

spokesperson that Amazon putting up the tariffs, costs, is a hostile act.

And so people are immediately selling Amazon.

It could be knee jerk, David.

You know that there are probably others who may do the same thing.

Yeah, we want to talk a bit about that.

I think the Treasury Secretary did not say anything. We didn't really hear yesterday in the sense of getting

close on something on India, bringing up South Korea and Japan as well as other opportunities,

perhaps in the near term for. And again, these are not going to be agreements, so to speak.

What they will be is memorandums of understanding that probably

have the effect of reducing tariffs and provide the roadmap for getting to an agreement,

which, of course, will take quite some time to hammer out, as Armaged Casella makes clear

whenever she's reporting on these things. I will say that's been going around in the markets as

well, guys. You know, you hear from any number of uninformed hedge fund managers that this is what they're hearing. Well, we're going to get this one done and then we're going to get that one and then that one and then we're going to get China. But nobody, as I like to say, really knows anything. But we did hear at least the Treasury Secretary give voice to the idea of some of these things being close. the ones that are most often talked about, India, South Korea, Japan.

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