Treasury Secretary Scott Bessent & CC Sabathia 4/28/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 28 April 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Treasury Secretary Scott Bessent discusses the state of global tariff negotiations; he says talks are ongoing, but it’s up to China to de-escalate. Secretary Bessent also warns that the Trump administration has an “escalation ladder” to climb, should it need more leverage in trade talks. Boardroom co-founder and CEO Rich Kleiman and MLB veteran pitcher CC Sabathia discuss the next era of baseball. The MLB is considering ways to better engage fans, including speeding up the pace of play. Plus, it’s a home buyer’s market, if they commit to deals, and Domino’s Pizza reported a beat, thanks to international customers. Scott Bessent - 15:44 Rich Kleiman & CC Sabathia - 33:43 In this episode: Rich Kleiman, @richkleiman CC Sabathia, @CC_Sabathia Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	Treasury Secretary Scott Besant on negotiating tariff policy.
0:13.0	The negotiations with our Asian trading partners are going very well.
0:18.0	How's it going with one country in particular?
0:20.0	China, which is facing levies from the U.S. of nearly 150%.
0:24.6	It's up to China to de-escalate because they sell five times more to us than we sell to them.
0:32.6	And America's past time getting fresh attention, baseball great Cecee Sabathia joins us.
0:38.5	The game is in such a good spot.
0:40.6	With boardroom investor Rich Climmon on new partnerships and opportunities on the diamond.
0:46.2	Ratings are up, attendance is up, merchandise sales are up.
0:49.1	The league has never appeared to be as global as they are now.
0:53.1	Plus, what's on your pizza, what's in your house,
0:56.1	and what animal spirits will drive the market this week?
0:59.6	There was some negativity yesterday, and I'm curious how people react this morning.
1:03.3	The negativity is causing that four-point loss on the Dow.
1:07.1	It is Monday, April 28th.
1:09.7	Squawk Pod begins right now.
1:12.2	Stand Becky by in three, two, one.
1:15.1	Cuea, please.
1:17.2	Good morning, everybody, and welcome to Squawk Box right here on CNBC.
	...

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