president-elect trump tapping kevin hasset and jamieson greer to be his trade representative.in below expectations. third quarter numbers came in mixed with revenue falling short. similar story for crowdstrike. shares are falling after a disappointing fourth quarter outlook but actually beat estimates. shares are down over 6%. urban outfitters shares are moving higher topping expectations thanks in part to the strength in the anthropologie brand. that will do it for us here at "worldwide exchange." i hope you have a great thanksgiving. "squawk box" right now. >> good morning. we have a lot on tap here on "squawk box" this morning. the israel/hezbollah cease-fire has officially begun. we are in a much better place than we were before, and we are going to talk about it. we are learning exactly what happened last night and how it was brokered over the last month. meantime president-elect trump names more picks for key roles in his administration including frequent "squawk box" guest. it is bank. it is wednesday, november 27th november 27th, 2024. squall boxes begins right now. >>

maria: president-elect trump nominating jamieson greer to be the next trade representative, he servedf staff of bob lighthizer during the first term, here is instrumental in opposing tariffs on china, he advocated for strategic decoupling from china saying the cost of doing nothing or underestimated the step posed by china is far greater, beijing responded to trump's threat of putting additional 10% tariff on china for their role in the dudley fentanyl crisis, spokesperson at the embassy in washington writes this on x, china u.s. economic and trade cooperation is beneficial in nature no one will win a trade war ordered tear for keystone institute senior fellow and author of plan read china's project to destroy america, gordon chang. do you agree with the statement from china, no one wins. >> i do not agree, china was a trade surplus country and cannot win a trade war with the united states. this year through september china's merchandise plate entered trade surplus with the united states was $217.5 billion. that means your to-do 17 vaudevillian reasons why we will win a trade war, pre

overnight some other announcements on that front, we heard scott besson is the treasury secretary, jamieson greerf the trade representative, we have howard let nick at commerce. given the make—up of the personnel, do you think this is a negotiating stance or do you think they are serious about terrace, despite the fact that it might cause that damage you just described? i that it might cause that damage you just described?— you just described? i think they very _ you just described? i think they very serious - you just described? i think they very serious about. you just described? i think - they very serious about terrace on china. any ally or trading partner that sides or favours beijing, ratherthan partner that sides or favours beijing, rather than washington sphere, i think that coming out in a social media post, as he does, with a wild number and some non—macroeconomic language in there is really a negotiation tactic to pressure his first two partners, the ones that he shares the continent with, the ones the americans cannot do without, if they are going to compete with china and say, look,

trump announced he's chosen international trade attorney jamieson greer to be his u.s. trade representative. he selected kevin hassett as director of the white house national economic council. the picks come after trump threatened to impose sweeping new tariffs on goods from the u.s.' three largest trading partners as soon as he takes office. the president-elect cites immigration and the fentanyl crisis for his reason why, but americans could end up paying the price. here's cbs' kelly o'grady. >> reporter: from avocados to automobiles to everyday tools, you could end up having sticker shock. >> our prices would go up. we would be paying more for every object that came from china, mexico, canada. therefore, we'd have to put that on to the customer. >> reporter: debbie kavourias owns new york city-based columbus hardware which has been around for decades. almost everything in her store is imported. >> this is our hardware section. 95% of this comes from china. >> reporter: what about canada and mexico? what about some of those? >> some of these bulbs come from mexico, but

he appointed jamieson greer as his u.s. trade representative yesterday. he worked with robert lighthizer on the tariffs in the first trump administration scott bessent hedge fund guy market friendly. but also is you know, saying he's going to go along with this tariff idea it is going to have to be worked out. what i do find interesting boris and i talked to steve bannon about this yesterday, who's not making policy in the white house. of course but he is sort of represent the id of manga, comics, manga comics, if you will. he basically said that tariffs can be a carrot and a stick against countries like mexico when it comes to figuring out how to deal with deportations and other countries in central america. so that's a detail i hadn't really heard before that trump might be flexible with different countries and using tariffs as a stick as it relates to other policy agenda items that the trump administration wants to carry out. >> brian, your thoughts? i mean, sticking with tariffs. i mean, you have worked in the prior trump administration. we just talke

>> well, jamieson greer, who had been the chief of staff to robert lighthizer in the first term would his responsibility would be to directly negotiate with other countries and he was instrumental in the tariff regime of the first trump term. and so that is something that you would see directly being a personality and a person with experience to try to enact what donald trump talked about. he said a beautiful word is tariffs during his campaign season, he believes that tariffs are beneficial to american workers, there are others who say it increased costs for the american consumer, if you have a tax on goods coming into the united states, it certainly has big implications with relations to friendly countries like mexico and canada, who, of course, share the continent with the u.s. as well as partners and friends around the world, where the president-elect says he wants to use tariffs with an adversary like china, but many others as well to try to balance the economy for american workers. there is a lot of debate on that and someone like jamieson greer would be instrumental in putting

trade representative jamieson greer who was chief of staff to his former u.s. trade representative. the architect of the tariff they did the last time around. those tariffs spurred a trade war. just like the torys and truss, he told us what he plans to do. critics say this looks like it will be devastating if you do it. now we just wait to see if we are about to enter the finding out phase of the story. congressman jasmine crockett joins us now. congresswoman, one of the things interesting about this, particularly on the tariff front, is we have a very different system than the u.k. with many more veto points. it is difficult to get your budget through. but on tariffs because of the law, he can kind of unilaterally do a lot of this stuff while you and congress just basically watch. >> yeah, my only hope is that we can rid ourselves of donald trump half as quickly as the u.k. got rid of their failed leadership. that's the only hope i could have. but something tells me that he will stick around for the entire four years. but you are absolutely right. and as someone who serves on the a

. >> peter: jamieson greer will be u.s.de representative, he was chief of staff last time to bob lighthauzer. another big pick overnight for nat national institute of health, jay bhattacharya, who challenged covid lockdown policy got his twitter account shut down pre-elon musk ownership. he talked to martha maccallum about how he would change the nih if he got the gig. >> the key to that, a long-term project that where science matters and nih has been focused on infectious disease. not that you should not focus on that, it neglected chronic conditions that plague americans. >> peter: president-elect trump has no public events, this is longest stress without press conferences in months. lawrence. >> lawrence: peter doocy, thank you. whitney tillson is running for mayor of new york city, hoping to address surge in violence and out of control migrant crisis. cut crime, fix spending and prioritize legal citizens of the city. whitney tillson joins us now. thank you for joining the program. i look at your background and your prio

the other big selection last night was jamieson greer, a lawyer that will serve as u.s. trade representative. he served as chief of staff last time around. and robert lighthizer has been seen as a staunch advocate of trump's tariff plan but may not have as much autonomy as last time because trump has signaled that he wants howard let nick to serve as commerce secretary and oversee the trade agenda. that may place jamieson greer is lower and the trump hierarchy and all that raises the question of, what will, if any in the administration for him himself. what role will the ave quick some super economic czar. or out in the cold altogether? we will see. back over to you. >> that is interesting. there has been indication that he may be the trade czar so to speak. have you heard anything that it may go otherwise and perhaps not be part of the administration an official or unofficial capacity? >> we don't know. it is interesting that trump put out on social media that let nick would oversee and the trump administration. and placed over. the question is, what role is there for a

this week jamieson greer to head sdr and no stranger to the role the staff trade rep and asked for trumpted on social media writing happy thanksgiving to all including the radical left lunatics who have worked so hard to destroy the country but who have miserably failed and always fail." as of right now we don't plan to see trump on camera but something can pop up because he's been busy on social media but we are close to inauguration day with 53 days away. guys, back to you. >> julie: mark meredith, thank you very much. >> mike: spring and the panel, political scientists and founder and principal, welcome to the both of you. >> happy thanksgiving. >> mike: happy thanksgiving, indeed. ledge the audience for trump nominees targeted with harassment or swatting here until they are john ratcliffe, pete hegseth, elise stefanik, tom homan, lee zeldin, howard lutnick hat lori chavez-deremer, what do you make of it? >> we just know this is not a right wing phenomenon, which is unfortunately what we have heard a lot of the stories combated about trump has created this atmosphere of violence and w

, liberty ♪ >> president-elect donald trump rounding on his economic team the top trade order jamieson greer representative greer served as chief of staff to the former trade representative robert lighthizer during the first term and he'll play a central role in shaping the president elect on u.s. imports those proposed tariffs are said to take a toll on the toy industry the national retail federation reporting trump's plan to tariffs on imports from all foreign countries and increased tariffs on imports specifically from china would spike toy prices by almost 56%, mga entertainment is one of the largest privately held toy companies in the world and you know them they make the brats, lol, surprise dolls, little tykes and much more, the ceo isaac clarion joins me now and a fox business exclusive. all night i was looking at the website i have a 14 -month-old so it's so fun to have you on the program. i want to talk business about tariffs how much of an impact will this have on your business. >> think you taylor, good morning, happy holidays 28 days left until christmas and christmas is on dece

president-elect also tapped kevin hassett as the director of the national economic council and jamieson greer as the u.s. trade for president-elect. key roles in trump's vow. tariffs against mexico china and canada on day one of his second term. mike? >> mike: filling out the lineup. bryan llenas live in pest palm beach. thanks. >> mike: three u.s. citizens are coming home. the white house says the trio has been wrongfully detained for years. details on the agreement that is freeing them from nantucket island where president biden is spending the holiday, good evening, lucas. >> good evening, mike. welcome news tonight for three american citizens who will be home for the holidays in year after being detained for many years in china. the white house is not confirming a prisoner swap took place white house announced the deal on the eve 6 thanksgiving. we are pleased to announce the release from the detention of the people's republic of china. both republican senators from texas thanked president biden for getting them home. senator cornyn writing: after 12 years of unjust imprisonment mark suda

the other big selection last night was jamieson greer, a lawyer with king and spalding, who will serve as u.s. trade representative. he served as chief of staff last time around to robert lighthizer. and he's seen as a staunch advocate of trump's tariff plans. but he may not have as much autonomy as ghthizer had last time around, because trump wants lutnick to serve as commerce secretary and oversee the trade agenda. that may place greer as lower than lutnick in the trump hierarchy and all that raises the big question of what role, if any, trump envisions in the new administration for lighthizer himself. he's been a key economic adviser to trump for years, especially in these past years when he's been out of office. question is where goes lighthizer. maybe some super economic czar position. we don't know yet. >> what do you think this -- what are you hearing this signals about the level of china hawkishness this time around versus the first trump administration? >> well, i mean, you definitely have china hawks in all the positions, right? there is no question about that. i think the bi

a notable choice is jamieson greer, set to serve as u.s. trade representative. he served as chief of staff to the trade representative in trump's first term. when the president signed on to the us-mexico-canada trade agreement and implemented high tariffs on china and those could return when trump is back in the white house this week, he rattled key trading partners with the threat of punishing new tariffs not just against china, but also against america's neighbors canada and mexico. he's claimed the taxes on imported goods would be retaliation for illegal immigration, crime and drugs entering the u.s.. mexico's president is warning that one tariff will lead to another risking a trade war and putting shared companies at risk president trump. >> president trump threats and tariffs are not the way to address the migration phenomenon or drug use in the united states. >> claudia sheinbaum called for cooperation and shared understanding instead. in a letter to trump and the canadian prime minister, also taking a diplomatic approach, justin trudeau said he and trump

speed continued yesterday with another flurry of new names added to his administration, including jamieson greer. he is going to be the u.s. trade representative for donald trump he is someone who is familiar with the role, having served as a chief of staff for that position in his last administration. and as we saw already yesterday, that job will be partially put him in charge of negotiating donald trump's for tat trade war that he is already launching with his threats for 25% tariffs on goods coming out of mexico and canada so that is a key role that donald trump filled last night. and one that will be very important to this effort that he is engaging with as soon as he takes office. john. >> all right. steve contorno for us in west palm beach, steve. thank you for your reporting. kate. >> there are new charges for colorado dentist accused of poisoning and killing his wife poisoning her through her protein, shakes did he just try to have the detective investigating him killed? is now a question and israel's cease-fire with iran backed hezbollah is holding in lebanon. the other terrorist organ

been announced, including kevin hassett as the director of the national economic council and jamieson greer u.s. trade representative. cnn's steve contorno joins us now steve, what's the latest from the transition jim let me go through some of the other names who have come out in those flurry of announcements in the past 24 hours, in addition to greer and hassett, there was also doctor jay bhattacharya. >> he is a will be the nih director under donald trump he is a professor at stanford who became well known during the pandemic for opposing covid lockdowns and other skepticism skepticism about pandemic mitigation measures and then john phelan will be the secretary of navy, another sort of unconventional pick, because he doesn't have any military experience. that was listed in the announcement. instead he founded a private investment firm. and finally, vince haley will be donald trump's domestic policy council director. he was the deputy assistant to the president for policy and strategy and speechwriting during trump's first term. and he became well known in the aftermath of trump's exit fr

and among trump's trump's recent picks is jamieson greer for u.s. trade representative. his appointment comes just a day after trump announced new tariffs that some economists warned will almost certainly cost americans more money. >> and now the mexican economic secretary says it would also cost american jobs some 400,000 jobs in the auto industry specifically, trump's proposed tariffs include 25% on all imports from mexico, as well as canada, and an additional 10% on imports from china. let's discuss the implications with justin wolfers, professor of economics at the university of michigan, and douglas holtz-eakin, chief economist on president george w. bush's council of economic advisers. thank you all for being with us. doug, first to you. the biden administration kept in place many of the tariffs that we saw from trump's first term. i wonder what your reaction is to this proposal and how these policies differ from what you saw during the first trump administration well these are very big proposals. >> 25% on mexico and canada is about $100 billion in tariffs. a year

administration and trump, as you said in the last 24 hours, continuing to put people in place, naming jamieson greer his u.s. trade rep kevin hassett, as his economic council director vince haley his domestic policy council director. haley was an individual involved with the fake elector strategy to overturn the 2020 election. doctor jay bhattacharya, as his nih director, a stanford professor who was opposed to covid lockdowns and then john fallon is secretary of the navy. interesting background for him. he doesn't have a military background instead, he founded a private investment firm, kate steve contorno. >> thank you so much. so coming up for us donie o'sullivan takes a trip into what's now called the manosphere one thing we've been hearing for weeks now is that the left needs a joe rogan. >> yeah i don't think that the democratic party can podcast itself out of this issue joe rogan endorsed bernie sanders in 2020. >> maybe they should do an autopsy on why he left the party what the mostly young, mostly male group of influencers say democrats need to learn from the 24 election and customs and bo

in the last 24 hours, he named five more people to his administration including jamieson greer, who was trump's choice to be the u.s. trade representative. obviously, a very key role, given how much emphasis trump has already put on trade and tariffs even before his presidency has taken place, and then jay bhattacharya he is a doctor and professor at stanford university. he actually holds degrees in both economics and medicine. he was a leading covid skeptic of lockdowns. the lockdowns that trump put in place well, now he is trump's choice to be the director of the national institutes of health. just showing how this unconventional, unorthodox cabinet continues to be put together and very, very quick fashion. manu. >> all right. steve contorno from west palm beach, florida. thank you so much for that. and let's bring in an excellent group of reporters to break this all down. semaphores. shelby talcott, hans nichols from axios laura barrÓn-lÓpez from the pbs newshour and cnn's jeff zeleny. nice to see you all thanks for coming in. this is a lot different, obviously, since the last time.

while the president-elect talks a lot about tariffs and with that, of course, you would see mike jamieson greerld handle a lot of that. nih, one of the largest public health bureaucracies in the country, they do massive work on behalf of the american people with international implications for the development of drugs and testing and processes that make all of us healthier and safer. that is a real change to have dr. "batman" jay bhattacharya ak to lead the nih. he had views that counter a lot of the common medical thought about things like covid during that period of time when that was so dominant in our daily lives. he was a proponent of herd immunity as opposed to trying to have vaccinated immunity for a broad group of americans so younger healthier people could use natural immunity to fight the virus. he was concerned about mask mandates, so forth. he has a very different approach to the management of public health for what could be a very consequential department within the government given the moment in which donald trump comes back to office. andrea. >> and kelly, the trump team is saying

trump also tapping trade attorney jamieson greer to be his u.s. trade representative. about $1.5 billion worth of shares to softbank in a new tender offer. softbank's ceo masa son has been pushing since investing in its latest funding round. they have declined to comment on that report. >>> a cease-fire between israel and iran-backed hezbollah took effect earlier this morning following a year-long conflict. president biden announcing that truce from the white house yesterday. we're going to keep our eyes on that and the price of oil and everything else this morning. becky? >> thanks. let's take a look at the futures very quickly. they're not doing a whole heck of a lot this morning. you can see some red arrows. these are ploddest declines. dow off, the s&p off by 10. after the dow and s&p set another new record yesterday. the nasdaq indicated down by just over 60 points. let's get over to dom chu. he's got a look at this morning's premarket movers. maybe this is the calm before the storm? or at least trying to figure out which way to go with all the data we're going to