The Trump-Xi Meeting & Building a Happy Life 10/30/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 30 October 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump has met with China’s President Xi in South Korea, announcing progress on tariffs, fentanyl, and semiconductors. Former Ambassador to China Nick Burns discusses the meeting, the national security concerns on the table for the United States, and makes one clear distinction: the outcome is not a trade deal. Tech giants have reported their quarterly financials, the Fed has cut rates for the second time this year, and OpenAI might be eyeing an IPO in 2026. Plus, Harvard professor and author of “The Happiness Files” Arthur Brooks discusses the mood of the nation, mental health hangups, and finding fulfillment throughout the joys and suffering of life. Steve Liesman - 13:20 Nick Burns - 21:02 Arthur Brooks - 29:55 In this episode: Arthur Brooks, @arthurbrooks Steve Liesman, @steveliesman Becky Quick, @BeckyQuick 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.
0:07.1	Today on Squawk Pot.
0:09.8	Trade talks overnight between President Trump and China's President Xi,
0:13.7	The Art of the Deal, former U.S. ambassador to China, Nick Burns, joins us.
0:17.9	There's some real positives here.
0:19.6	The negatives are this is not a trade deal.
0:21.6	And the president ordering nuclear weapons testing for the first time in decades.
0:26.6	The timing of that, a couple of hours before the two leaders sat down, had to be related
0:31.6	to the leverage the U.S. wants to bring to the table.
0:34.6	President Trump did say later, it's about another country, Russia.
0:41.3	Finding happiness in life with Arthur Brooks.
0:44.6	We've changed our brains with the misuse of technology.
0:49.0	The Harvard Business Professor studies what brings us joy and what doesn't.
0:53.1	Political polarization is another thing that's actually just ripping us apart.
1:00.0	You know, we're being effectively manipulated by the 5% extrinsic margins in politics who want us to fight each other. How to build happy lives.
1:03.0	We actually need a rebellion of people who want to be happier.
1:07.0	Plus, Fed Chair Jay Powell sending a jolt through the markets when he said a rate cut in December isn't a foregone conclusion, our Steve Leesman reports.
1:16.0	The real story here is the direction for cuts remains priced in. The pace is what's in question.
1:21.3	And Chat GPT Parent, OpenAI, laying the foundation for a trillion dollar IPO. Can it be done?
1:28.6	She still have a lawsuit that's out there.
1:30.0	You have to solve a lot of things. Many questions need to be answered beforehand.
	...

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