Upticks and Crackdowns in China, Tom Brady’s Welcome Back 3/14/22

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 14 March 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

China’s Covid cases are now the highest they’ve been since the beginning of the pandemic. Domestically, the country is addressing health concerns by halting business and production while simultaneously cracking down on its biggest tech stocks. Internationally, Chinese leaders are meeting with U.S. officials to discuss China’s role in Russia’s war on Ukraine. CNBC’s Kayla Tausche reports on the latest attacks in Ukraine and the week’s negotiation agenda for global powers. Two years after the WHO declared the coronavirus a global pandemic, Dr. Scott Gottlieb reflects on the long road since then, and considers global risks of a resurgence. Plus, the NFL’s shortest retirement: Tom Brady is heading back to the field less than two months after announcing his departure. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Kayla Tausche, @kaylatausche Steve Liesman, @steveliesman Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm the NBC producer Katie Kramer and here's the podcast.
0:09.0	Investors start the week optimistic in spite of high inflation.
0:13.5	The expectation the Fed could hike rates for the first time since 2018 and the ongoing
0:18.1	war between Russia and Ukraine.
0:19.8	Joe, Becky, and Steve Leisman on all of that and the fallout of stiff Russian sanctions.
0:25.0	Hard to imagine Putin agreeing to just about anything we could agree to.
0:28.0	How about us ever doing business again with the guy who's, you know, the butcher of Ukraine?
0:32.0	China is facing its worst COVID-19 outbreak since the start of the pandemic.
0:37.0	It's having an impact on markets and sentiment there.
0:40.0	Former FDA Commissioner Dr Scott Gottlieb joins us.
0:43.0	We really don't know how large the outbreak is in China right now.
0:46.0	The big question is how much infection do they have and how long will this last?
0:51.0	Those stories today, plus Tom Brady and the shortest retirement ever.
0:55.7	I don't know why you wouldn't want him back.
0:57.5	Makes the game more fun and you always want to root for the old guy.
1:01.0	It's Monday, March 14, 2022.
1:03.8	Squawk Pod begins right now.
1:06.0	Stand back you by in three, two, one, cure please.
1:11.0	Good morning.
1:12.0	Welcome to Squawkbox right here on
	...

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