June Playbook, Trade Tensions, Tesla Extends European Sales Slump 6/2/25

On the first trading day of June, Carl Quintanilla and Jim Cramer discussed what's ahead for stocks after the best May for the S&P 500 since 1990. The anchors also discussed trade tensions: China hits back at President Trump's characterization of trade talks between Beijing and the White House.  Steel stocks surge after Trump announced he will double tariffs on imported steel to 50-percent. Also in focus: Tesla's European sales tumble again, Elon Musk vs. the Trump tax and spending cuts bill, Brian Sullivan live from Alaska on the pros and cons surrounding the state's $38 billion natural gas pipeline project. 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.