“It’s Over.” The President with NATO & the Legacy of Elie Wiesel 7/8/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 8 July 2026

⏱️ 41 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

At the NATO summit in Turkey, President Trump remarked that the memorandum of understanding with Iran is “over.” CNBC’s Steve Sedgwick reports on the ground in Ankara, and Nicholas Burns, former Ambassador to NATO under George W. Bush, discusses the economic pressure points that could be effective in negotiations with Iran. Andrew Ross Sorkin calls into the show with news about Blue Origin: the space company is taking on outside investment for the first time. Plus, it has been a decade since Nobel Peace Prize-winning author and advocate Elie Wiesel’s death. His son Elisha Wiesel discusses carrying on that legacy at the Elie Wiesel Foundation for Humanity and working to keep lessons from the Holocaust fresh in the minds and hearts of people today. Steve Sedgwick - 04:07 Andrew Ross Sorkin - 15:35 Nicholas Burns - 22:36 Elisha Wiesel - 32:53 In this episode: Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Kelly Evans, @KellyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.2	Today, on Squawk Pod.
0:09.3	As far as I'm concerned, it's over.
0:12.0	President Trump's market moving comments from the NATO summit.
0:15.4	Our own Steve Sedgwick is on the ground in Turkey talking to attendees.
0:19.9	Blindsided on this issue, absolutely all the
0:23.0	leaders here. The president says the memorandum of understanding with Iran is over, but former
0:28.8	ambassador to NATO Nicholas Burns interprets the remarks as a push to inflict damage on Iran's
0:34.4	economy. That's the pressure point. An evolving picture in the Middle East.
0:39.1	I think the option of the administration going back to a full-throated air war against Iran
0:44.7	probably isn't there.
0:45.8	It didn't work the first time, so there are limited options here.
0:49.6	And the late Nobel Peace Prize winner, Ellie Wiesel, died 10 years ago.
0:54.4	Today, his son, Alicia Wiesel, is carrying on his father's legacy,
0:58.0	what we are still learning from the Holocaust.
1:00.6	There's so much ignorance in the world, and my father spoke about fighting indifference,
1:04.5	but he didn't get to see just how much ignorance we're wallowing in now.
1:08.1	And now it's time for us to fight ignorance.
1:11.1	Plus, a familiar voice on really, really big news.
1:15.4	Co2 management is going to be injecting about $4 billion, really the first outside money ever
1:21.7	beyond Jeff Bavis' money into Blue Origin.
	...

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