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.

Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintan Air with Jim Kramer,

David Faber, post nine of the New York Stock Exchange. Future's steady, on guard for anything.

After yesterday's roller coaster, the Commerce Secretary again hinting there could be some tariff relief

announced this afternoon. Meantime, the biggest drop in ADP payrolls in two years. Our roadmap

begins with this roller coaster ride in the markets, NASDAQ falling in and out of correction

territory, major averages wiping out their post-election gains. President Trump talks tough on tariffs in his speech

last night before Congress, saying Americans will feel a little disturbance, plus new comments

from Commerce Secretary Howard Lutnik, who is saying a decision is expected this afternoon

involving those existing tariffs now on Canada and Mexico. We'll try and work our way through all that.

And we'll take a look at Tesla.

Shares continue to come under pressure.

Goldman today cuts its price target on the stock.

Let's begin with the markets after that sell-off and rebound and sell off yesterday, Jim.

We got some reports today that Trudeau and the president may speak today.

Yeah.

Look, maybe I'm in an Alice in Wonderland through the lookliest world.

But I heard a president last night that I think is intransigent and is in no mood to do anything other than raise tariffs to help the American people and to pay for things.

And then I hear people walk it back. I read I read Commerce Secretary of Lutnik's comments this morning on Blue Bergen.

I listened to the idea there might be a deal. And I'm like, huh? I mean, I think guys doubling down.

I mean, did everyone listen to it? I mean, it was fero down. I mean, did anyone listen to it?

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