Market Moving Insight and Analysis. Join Jim Kramer, David Faber, and me, Carl Kaintena, on the opening bell hour of CNBC Squawk on the Street. Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kaintena with Jim Kramer, David Faber at the New York Stock Exchange. In just a moment, Democrat House Committee chairs will hold the news conference, outlining the next steps in the impeachment process.

We'll get live coverage from Capitol Hill. In the meantime, Futures did rally from an early morning loss,

as the journal says that U.S. and China negotiators are laying the groundwork for a delay in those tariffs that are scheduled to kick in on Sunday.

And as we speak, guys, Mexico's president says that reps from Canada

and the U.S. will arrive in Mexico today to sign USMCA. Yes. Right now, Ambassador Leidheiser is on his

way, which is why it's so curious to see the story being put out by the Chinese to the Wall Street

Journal because you can't reach him at this very moment. But yes. And this is important because both Speaker Pelosi, you came home and made money. So listen, this is a done deal. It's going to happen once you finish the articles of impeachment. And the president very much want this deal. We're talking with David during the break. But it's the one thing people seem to be able to agree on in Washington, which is that this is a good deal. And yet a lot of the people I follow who are theoreticians are saying it's no big deal. I think that they're wrong. You get a Democrat in the White House and companies are allowed to move back south again. Well, it's not that advantageous to do so because of the big increase in wages.

And those of us who do a lot of business in Mexico can tell you, holy cow, the differential is not

just cash, but it's also health care, where they have universal health care.

And this is a story about pollution control, where both sides are now saying, both a Democrat

and Republican, there may be some enforcement of pollution control rules, because right now you can do it. I don't want to see you can do it. Every one in Mexico, but it's certainly not an EPA down there that's very strong. How about that? So we'll hear from Pelosi at 10 a.m. Eastern on USMCA. Hopefully get some color on that. In the meantime, do you believe this journal story on tariffs?

It's put out by the Chinese. If the Chinese follow-up with something big that the president wants, maybe.

But right now, I take my cue from what Jim Urio said in the previous show, which is it, fool me once, fool me twice, full me six times, fool me nine times, fool me 20 times. Can we please wait to Lighthizer, leases on the ground? And you can reach him. Lighthizer being the key man. I'm not saying anyone's more important than president, but Lighthizer's the negotiator. And it's curious that he can't be reached, and the story runs right now. He's got his hands full on some other stuff. Yes, it does.

It's turning into a very busy week.

If we do get a delay in Sunday's tariffs, what does that mean for the markets?

Well, I think that the market wants any deal.

The Wall Street wants any deal.

I think that there are a lot of companies that feel like, you know what, if we get a deal here,

the key stock in this market has been Apple.

Apple was down four yesterday, one point down six.

Apple was down two before this announcement.

Apple is the stock that I am key on.

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