Trump's Tariff Threat, Retail Earnings Ahead of Black Friday, Amgen Tumbles on Weight-Loss Drug Data 11/26/24

Carl Quintanilla, Jim Cramer and David Faber explored President-elect Trump's threat to impose tariffs on Mexico and Canada and raise them on China. What’s  at stake for certain sectors in this market? With Black Friday just days away, the anchors discussed earnings and holiday quarter guidance from the likes of Best Buy and Dick's Sporting Goods. Also in focus: Shares of Amgen tumble after a mid-stage trial for its experimental obesity drug misses analyst expectations, President Biden proposes requiring Medicare and Medicaid to cover weight-loss drugs, bitcoin extends post-record slide, California Gov. Newsom vs. Elon Musk, Nvidia's new AI sound model.

Squawk on the Street Disclaimer