Liberation Day, Round 2: Trump’s Tariffs & the AI Talent Race 7/8/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 8 July 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

CEO and President of Atlantic Council Fred Kempe discusses how the Trump administration’s renewed push for trade deals with foreign partners are being factored into the markets–or not. Meta has lured another AI executive to its team with a multi-million dollar compensation package–this time, it’s Ruoming Pang from Apple. Wired Senior Writer Lauren Goode discusses the ongoing tech battle for top AI talent. Plus, the TSA may be changing shoe requirements at the airport, Elon Musk is releasing a new version of his AI bot Grok, and Courtney Reagan reports on the best deals for Prime Day shoppers. In this episode: Lauren Goode, @LaurenGoode Fred Kempe, @FredKempe Courtney Reagan, @CourtReagan Megan Cassella, @mmcassella Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Katie Kramer, @Kramer_Katie Megan Cassella - 03:18 Courtney Reagan - 16:57 Fred Kempe - 23:15 Lauren Goode - 35:42

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	The president's latest pause on reciprocal tariffs on dozens of countries,
0:13.0	as tomorrow's deadline becomes next month, with only a few framework deals announced,
0:18.0	are Megan Kisela on what to expect from our trading partners?
0:22.2	But they recognize they have a little bit more wiggle room now, and who knows what happens
0:25.9	once we get to August 1st.
0:27.4	And Fred Kemp of the Atlantic Council on the optics and the strategy of Trump on trade.
0:33.2	So I think it's not him pumping.
0:34.9	I think it's him doubling down on his seriousness around
0:37.5	tariffs.
0:38.9	Meta has poached another tech worker with a giant pay package, and this one led Apple's AI
0:44.7	Lab, the battle for top talent with Wired's Lauren Good.
0:48.2	I would be very surprised if this ends up being something that totally disrupts the pay scales
0:53.3	of every engineer around the
0:54.6	valley. I do think it's going to be a specific group of highly specialized talent.
1:00.3	Plus the rest of today's stories that got us squawking, Prime Days Start, a new version of Elon
1:05.7	Musk's AI bot Grock, and, hey, some changes on the tarmac for the TSA.
1:12.8	When I'm traveling, I wear flip-ons. Do you wear like the sketchers that like go on your feet automatically?
1:17.9	It's Tuesday July 8th 2025. Squawk Pod begins right now. Stand by and three two one,
1:26.2	cure please.
	...

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