It's Jim Kramer here.

You're listening to the opening bell of CBC's squawk on the street. Don't miss a minute of the action. When President Reagan was here, he talked about putting the bear into hibernation, letting the bull run free. Sound like a good motto? Sounds perfect. I can't do any better than that. That's what we're going to do. President, like Trump with Jim yesterday here at the New York Stock Exchange, as markets continue

to try to price in some changes of a new administration. Good Friday morning. Welcome to Squawk

on the Street. I'm Carl Kintanao with Jim Kramer here at Post 9, Faber's the morning off.

Future's fairly steady on some solid corporate results. Ten-year yield, though, up every day this week, now at the

highs of the month. Our roadmap begins with the Trump transition, the future of salt, the FDIC,

some new trade threats from China and Canada, broadcom surging on the cusp of a trillion dollar

market value, and UNH is CEO with an open letter this morning saying the health system is flawed and needs to be fixed.

Let's begin, though, with the president-elect's historic visit to the NYSC.

Jim certainly made the rounds on the wires.

And he did break a fair amount of news, both here and upstairs.

Look, I think that we could talk crypto.

He obviously feels it's really important.

We had that nice soundbite about the bear. But I thought the most important thing was China. It starts out. I have a good relationship with shit. Now, that was not what I was looking for at all. I thought this was a chance to say, listen, I don't like the way I've got my hawks basically telling me look out. He has a lot of hawks. And then he says, look, but if it doesn't work out, I know you guys have done bad things, whatever. It's almost as if he said, you know what, I'm going to personalize diplomacy. I'm going to be like Nixon. It'll be like Kissinger. I have my advisors, but I am going to make this to be, President Xi, you're going to deal with me.

It was almost like I expected either an invitation to the inaugural or an invitation of Mar-Lago.

And there was definitely something that he was signaling.

That was not idle.

And I think that those who think that that wasn't the most important part of our interview

may not realize that there's something afoot here.

I think that the president is saying we have to end this trade war one way or the other.

We ended good by making it so that the U.S. wins because you need us.

Or we ended up bad. And if we end up. wins because you need us, or we ended bad.

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