Stalled, Violated, or Concerning? USTR’s Greer on China 5/30/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 30 May 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

U.S. Trade Representative Jamieson Greer explains the current state of negotiations with America’s trade partners, including Treasury Secretary Scott Bessent’s comment that trade talks with China are “stalled” and President Trump’s latest accusation that China violated its preliminary trade agreement. Ambassador Greer discusses the seesaw of politcy progress around the world. Elon Musk is winding down his time at DOGE, and Ulta Beauty is upbeat on consumer spend. Plus, wellness and supplement company AG1 is worth over $1B, and CEO Kat Cole is aiming for even more medicine cabinets. Amb. Jamieson Greer - 17:17 Kat Cole - 38:30 In this episode: Jamieson Greer, @USTradeRep Kat Cole, @KatColeATL Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin 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.
0:07.0	Today on Squawk Pod.
0:09.9	Tariffs on again, the whiplash of federal courts response to the Trump administration
0:14.3	tariff policy, reciprocal levies back.
0:17.3	We talked to the U.S. trade representative Jameson Greer in a wide-ranging interview on the policy
0:22.5	seesaw and talking to China. We've been very focused on monitoring Chinese compliance, or in this
0:27.7	case, non-compliance, with the agreement, and we're very concerned with it. And the fast-growing
0:33.6	wellness company worth more than a billion dollars. AG1 CEO Cat Cole says supplements
0:38.8	have the greens we need. We tested healthy individuals, standard American diet, athletes,
0:44.1	non-athletes, people with GI issues, and all across the board it showed we have nutrient gaps.
0:50.8	Plus all the rest of today's news that got us squawking.
0:55.0	It's Friday, May 30th, 2025.
0:58.0	Squawk Pod begins right now.
1:01.0	Stand and under by in three, two, one,
1:04.0	cue Andrew.
1:06.0	Good morning and welcome to Spock Box right here on CNBC.
1:09.0	We are live at the NASDAQ market site in Times Square.
1:11.6	I'm Andrew Ross Sorkin along with Joe Kernan. Becky's on assignment this morning.
1:15.6	I'm looking at the S&P. Did finally close down a little yesterday, but it was a weird session yesterday, was it not?
1:23.9	Now, to the latest, and it has to do with this, relatively small moves, though.
1:28.7	We were up 400.
	...

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