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Squawk on the Street

SOTS 2nd Hour: Tariff Threats & The Market Picture; Plus: LIVE from Davos (Citi CEO, Salesforce CEO, Micron CEO) 1/20/26

Squawk on the Street

CNBC

Business, Investing, News

4.1567 Ratings

🗓️ 20 January 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks under pressure but off the lows as the President dials up his rhetoric and tariff threats around Greenland: Sara Eisen, David Faber, and Michael Santoli kicked off the hour with the latest and a look at what's moving in early trading - before breaking down the macro with a number of high profile interviews, live from the World Economic Forum in Davos... Today: Citi CEO Jane Fraser, Oracle's Marc Benioff, and Micron CEO Sanjay Mehrohtra. Plus: the latest on Netflix's newest offer in its bid for Warner Brothers Discovery. Squawk on the Street Disclaimer

Transcript

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0:00.0

Good Tuesday morning and welcome to Squawk on the Street. I'm Sarah Eisen.

0:07.8

Joining today from the World Economic Forum in Davos, Switzerland, along with David Faber.

0:12.8

As always, Mike Santoli, today live from the New York Stock Exchange.

0:15.9

We're following a number of breaking stories this hour, including an early sell-off tied

0:19.6

to President Trump's tariff threats

0:21.4

around Greenland. That's what everybody's talking about here. And the key tariff decision in the

0:26.6

Supreme Court that could come this hour will bring you the headlines as soon as we get them.

0:31.1

Plus, we've got a great lineup for you of guests from Davos, Switzerland, including

0:34.6

Citigroup CEO Jane Frazier, Salesforce CEO, Mark Beniof,

0:38.5

Micron CEO, Sanjay Marotra. For now, David, back over to you. Okay, yeah, Sarah,

0:43.5

we're going to start with tariffs, of course, that threat of a new round of levies because of Greenland,

0:50.0

essentially, the fact that the president wants the U.s to own it so to speak we await a potential

0:56.1

game changing tariff decision as well from the supreme court and amon javvers has all of it

1:01.3

for us from washington amen yeah david a lot at stake here just in the next couple of minutes it's

1:06.2

10 a.m on the east coast which means that we are in Supreme Court decision time.

1:11.2

We're going to watch for the Supreme Court.

1:13.0

We don't know exactly how many decisions, whether we're going to get the tariff decision.

1:16.9

That is a possibility over the next couple of moments.

1:19.8

So we're watching for that in real time.

1:21.3

Meanwhile, we saw the social media post from the president over the weekend that roiled markets that led to the open that we're seeing now.

1:28.3

Take a look at what the president posted on social media in part.

1:31.3

This is a response by the president to European countries which put forces in Greenland over the weekend

...

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