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. >>

kevin hasset has been picked to lead the national economic council.has served in trump's first term. chinese state media criticized donald trump's threat to impose an additional tariff on all goods entering the country. china warning there are no winners in trade tariffs. declines in september showed a more than 27% slump. earnings were down versus 2023. let's get a check on how we are trading this wednesday over in asia. we are seeing the nikkei 225 down .8%. pressure also for the south korean market. looking at the chinese equities, we were trading higher in wednesday's session, but the investors across the continent are very much focussed on digesting the comments from donald trump, and trying to assess who gets to be -- well, if there are any safe assets or if it is losses across the board. we are seeing a cautious approach from investors in asia. >> china defendeds it trade with mexico after china threatened to slap a tariff on the latest goods. china said they are doing their part and not to take it for granted and china hit back on the fact tha

kevin hasset has been a pro proponent of tax cuts and served in the first trump turn. trump said we will renew record tax cuts and work with countries that have taken advantage of the united states in the past. healthcare team, bhattacharya, he is a physician and economist, had been a critic of covid-era shutdowns. this is an entirely different direction. >> they realize they have a president elect, who wants no more bad trade deals, no more selling us out through illegal immigrant, not hoisting on us economic policies crushing average americans. >> doug: trump teamed signed an agreement with biden administration to allow some incoming team to meet there biden administration countyparts ahead of inauguration on january 20. >> todd: oh, my god, he's going to do away with the norm, no, it took time. california still have elections outstanding. doug luzader, thank you. fox news alert in israel, hezbollah ceasefire deal going into effect overnight ending 14 months of fighting. >> carley: benjamin hall is live with more. >> this is highly anticipated ceasefire that will hop

kevin hasset has been on the on the box more often that i have. but he will be donald trump's solution for the national director. he is a well-liked figure. he lead the council of the economic advisers. and now heeding heading to the big shop, that gets a west wing office. he's somebody that is a convert to trump economics. but he's also somebody who has a foot in the traditional economics. so i think he'll be somebody that will be welcomed by wall street as sort of an establishment voice, so to speak, inside the trump white house. the other figure named last night is jamison grier, who the president-elect said will be his u.s. trade representative that is an interesting selection. he was a chief of staff as u.s. trade representative in the first trump administration. now he'll be serving as the trade representative in the second trump administration. he's a lawyer. but he's viewed as very pro tariff and will execute the trump agenda, clearly. but now it is setting up the interesting dynamic where you have the u.s. trade representative as the form

kevin hasset and people like that would be good news for growth.business and finance, when you talk about these guys, they are guys that know the bond markets and they understand the international currency markets. very important as a treasury secretary when we are carrying as much as debt as we are. this is going to take careful management here. on the tariff question, it is interesting. i think one of the reasons, and you have probably heard this. people on wall street and the business community generally are not too down about the tariff threat, because they look at someone like scott bessett or ludnik and they understand that it is a cost and a necessary evil. they don't look at tariffs as a wonderful thing for themselves, but a necessary tool to negotiate. bessent has talked about escalate to deescalate. it is fuzzy to know where the tariffs are going to be used. but these guys have to say they are on board with using this tool for economic and geopolitical purposes as he wants to do. >> neil: if you think about it, james, whether you are the