Court Blocks Trump Tariffs, Nvidia Surges, the "TACO Trade" 5/29/25
Podcast: Squawk on the StreetPublished On: Thu May 29 2025
Description: Carl Quintanilla, Jim Cramer and David Faber explored market reaction to a federal trade court's decision to block sweeping tariffs that President Trump announced in early April. Nvidia shares jumped on better-than-expected Q1 results -- and the anchors reacted to what CEO Jensen Huang told Jim on "Mad Money" about China. Also in focus: President Trump's response to a question from CNBC's Megan Cassella about the "Taco trade" (as in "Trump Always Chickens Out"), Elon Musk leaves the Trump Administration, Salesforce shares slump despite a Q1 beat.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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