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Senator Elizabeth Warren weighs in on legislation aimed at repealing President Trump’s tariffs by canceling the emergency declaration used to justify them, saying that tariffs can be useful tools when used correctly – which is not the case right now. Meanwhile, Apollo CEO Marc Rowan said he’s seeing things slow down due to the economic uncertainty, but we’re not in a recession yet. Plus, CNBC’s Robert Frank reports on why the bond market may be the biggest risk to the president’s tax bill, China announces an 84% tariff on U.S. goods and President Trump delivers remarks at the National Republican Congressional Committee President’s Dinner.

Sen. Elizabeth Warren - 24:35

Marc Rowan - 36:53

In this episode:

Elizabeth Warren, @SenWarren

Robert Frank, @robtfrank__

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

The Tariff Toolbox: Sen. Elizabeth Warren & Apollo CEO Marc Rowan 04/09/25

Squawk Pod

The Tariff Toolbox: Sen. Elizabeth Warren & Apollo CEO Marc Rowan 04/09/25