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Connect the World

European Leaders Talk after Trump-Zelenskyy Meeting; Hamas Agrees to New Ceasefire Proposal; Egypt FM: Israel Setting Impossible Conditions for Ceasefire; Traders Wait for Rate-Cut Clues when Powell Speaks; Sinner Retires Versus Alcaraz in Cincinnati Final. Aired 9-10a ET

Aired August 19, 2025 - 09:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

[09:00:00]

(COMMERCIAL BREAK)

BECKY ANDERSON, CNN HOST, CONNECT THE WORLD: Well, hello. It is 04:00 p.m. in Cairo. I'm Becky Anderson. You are watching a special edition of

"Connect the World". Well, I'm here in Egypt, where I've been speaking to the Foreign Minister about the latest efforts by mediators to end the near

two-year conflict in Gaza, including the very latest ceasefire proposal accepted by Hamas in the past 24 hours.

Now sitting with the Israelis and about the desperately needed humanitarian aid that is stacked up on the Egyptian side of the Rafah crossing awaiting

approval to get into the enclave. That is all coming up in the next hour.

PAULA NEWTON, CNN HOST, CONNECT THE WORLD: Good to have you there. Becky, with your exclusive reporting. I'm Paula Newton in New York. It's 09:00

a.m. here, and we are covering the follow up, the fallout to Monday's White House Summit on Ukraine. European leaders already today driving home their

efforts to end this war.

And meantime, we are keeping an eye on that stock market. New York opens in about 30 minutes from now, still very tentative trading there as they await

any decision, any light at the end of the tunnel in terms of interest rates and what Chair Jerome Powell will do. Now we do get to that show of unity

at the White House, but what will it mean for Ukraine's future.

European leaders talking about the next steps in a pair of video conferences today, while U.S. President Donald Trump is filling in some

blanks following Monday's historic meetings at the White House. He was speaking to Fox News last hour about his expectations for his Russian and

from his Russian and Ukrainian counterparts. Listen to the president.

(BEGIN VIDEO CLIP)

DONALD TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA: I hope President Putin is going to be good, and if he's not, it's going to be a rough

situation. And I hope that Zelenskyy, President Zelenskyy, will do what he has to do. He has to show some flexibility also.

(END VIDEO CLIP)

NEWTON: Now the president, you heard him there, still hopeful that a comprehensive peace deal can be reached while pushing forward with a summit

with both Volodymyr Zelenskyy and Russian President Vladimir Putin. Now President Zelenskyy says he is ready for that.

(BEGIN VIDEO CLIP)

VOLODYMYR ZELENSKYY, PRESIDENT OF UKRAINE: If Ukraine starts creating conditions for a meeting, even fair ones for a ceasefire and such the

Russians will come up with 100 conditions for their part. So, I believe, without any conditions, we should meet and think about how we can develop

this path towards ending the war.

(END VIDEO CLIP)

NEWTON: Now, it is important to point out that just a short time ago, Russia again refused to commit to a meeting involving Putin and President

Zelenskyy, though the foreign minister also didn't rule out further talks. Now, amid this whirlwind of diplomacy, Russia staged its largest aerial

attack on Ukraine since July.

This is significant, launching hundreds of drones and 10 ballistic missiles and inflicting more injuries and deaths on Ukrainians who have endured now

3.5 years of war. Ben Wedeman is on the ground for us in Kyiv. You know, Ben, we just described it right after the night that they just suffered

through.

Let us know how Ukrainians are feeling about the possibility of peace, because it must seem difficult for them to imagine that their president

would be sitting across the table from Putin. I mean, given just all of the deaths and injuries, even just in the last 24 hours.

BEN WEDEMAN, CNN SENIOR INTERNATIONAL CORRESPONDENT: Yeah, certainly, there is a lot of skepticism about the intentions of President Putin. These are

people who have, time and time again, felt that they have been let down, that Putin has betrayed any sort of commitments, or Russia in general.

Keep in mind that back in 1994, Ukraine signed the Budapest Memorandum, in which Ukraine gave up its nuclear weapons in an agreement signed by the

U.S., UK, Ukraine and Russia, and that included a clause about to guarantee the territorial integrity of Ukraine.

20 years later, Russia occupied Crimea and essentially took it over. So, they have been burnt once, they don't want to be burned again. And speaking

with people this today, CNN heard that people are very hesitant to put any trust in the Russian President. They find it hard to imagine President

Zelenskyy sitting down in the same room as the Russian President.

And also, really what we have seen since the summit in Alaska is that the Russians haven't really come forward with anything but the same old

demands.

[09:05:00]

They want to continue to occupy 20 percent of Ukraine. They're not really giving anything. So, in the absence of any significant concessions being

offered or even hinted at by the Russians, that people are going to remain very skeptical, skeptical about the intentions of President Putin, Paula.

NEWTON: We can't drill down here, Ben, on some details and things that even European leaders describe as game changers, right? And one of them would be

the security guarantees that might come after any peace deal. Now look, the details are still vague, but what more are you learning about what Ukraine

has asked for, and what might be possible.

WEDEMAN: Ukraine is more than anything looking for Article V style guarantees from the United States and the European powers. Article V, of

course, being that article NATO, article whereby an attack on one is considered by an attack on all and every one should come to the defense of

the country attacked.

It's a rather difficult position because, of course, also, Russia does not want Ukraine to be part of NATO. So, you're going to have NATO style

security guarantees for a country that's not part of NATO. Now we understand that the sort of the general, the broad lines of what are being

discussed is a European led, so called reassurance force, some sort of military force based in Ukraine to provide backup for the Ukrainians.

They're also talking about strengthening the Ukrainian military, some sort of monitoring mechanism to make sure that whatever sort of is agreed upon

as far as the front lines or the final lines of demarcation, that there are no violations. But all of these are sort of broad, detailed lines of what

might come from an agreement. The details have yet to be worked out.

And of course, you know, the Russians have apparently indicated they might accept that the European powers and the United States provide security

guarantees, but they're asking for something in return. And of course, what the Russians are asking for is they want to hold on to control of about 20

percent or whatever it is, a significant percentage of the land of Ukraine, which is simply unacceptable.

So certainly, the talk, the smiles, the handshakes, the atmospherics, might point to some sort of breakthrough. But when you get down to the detail,

and that's where the devil is. An agreement is going to be very, very difficult to reach, Paula.

NEWTON: Yeah, an important reminder that some of that land is currently occupied by Ukraine, and it would involve actually, Ukrainians leaving

their territory and surrendering it to Russia. Ben Wedeman, grateful to have you on the ground there. Now, President Trump said in an interview

just a short time ago that he hopes President Zelenskyy will show, in his words, some flexibility, right?

And that's when we're talking about with Ben, about that kind of territorial swap. Now, he also said that he's sort of set up already a

meeting with Ukraine's President Vladimir Putin, and that the two foes are getting along. And I quote here a bit better than he thought. CNN's Alayna

Treene has been following all of this for us at the White House.

You know, Alayna, I am very curious here, just to see where Trump believes this is headed next, and crucially, what his own MAGA base might be saying

about U.S. involvement here. It wasn't that long ago that we heard from Vice President JD Vance, just a few months ago, really not wanting the

United States to get involved to this extent.

ALAYNA TREENE, CNN WHITE HOUSE REPORTER: Yeah, I think that's a key question, Paula, and it's very much unclear what the security agreements,

or at least I should say, what the United States involvement in some of these security agreements is actually going to look like.

I actually just spoke with a White House official who said it's unclear. You know, there's a lot of questions, and we heard this from the

president's interview on Fox News this morning, whether or not the United States is willing to have you know U.S. troops and American boots on the

ground in Ukraine.

Alongside those of a, you know, the United States European allies, to ensure that if a peace deal is struck between Ukraine and Russia that it

won't be short term, that it will be long lasting, and it, you know, won't leave open the door to having Russia just come back in and try to take more

territory in the future.

And that is, I'm told, a key concern of some of the European allies who were here yesterday at the White House, saying, you know, if you're going

to agree to some of these crucial security guarantees. How can we ensure that it will go beyond your administration, you know, you're going to be

president for, you know, the next 3.5 years.

What about the person in office after you and I think the president, you could kind of hear him alluding to this, this morning, when he was on Fox,

saying he's trying to give them the assurances that it will be long lasting.

[09:10:00]

But again, very much unclear what this is actually going to look like and what the U.S. is currently willing to do. You heard the president, he said

this publicly. Now I know he's saying this privately. He still believes that the onus is on different European countries to provide that type of

protection for Ukraine.

This morning, he referred to it as the European allies being the front, the first line of defense when it comes to security guarantees. But by and

large, still, you heard that optimism, that optimism yesterday from a number of the leaders who were here at the White House, including the

British Prime Minister Keir Starmer, saying it was a breakthrough to hear what the United States is now willing to commit.

We heard similar language from the NATO Secretary General, Mark Rutte. So clearly, the United States in a different position. And part of the reason

they're so optimistic, of course, is because, in the past, this President Donald Trump, specifically, has not been wanting to go that far to promise

that.

And just some other things, I think, very important to point out, Paula, that we heard the president say, of course, yesterday, but today as well,

he said that he very much does believe and is hopeful that Putin and Zelenskyy will be able to sit down together for a bilateral meeting.

Now, of course, that does differ from what we're hearing from the Kremlin, who seems to be, you know, throwing cold water on the idea. Trump had said

that if Putin is not willing to do this, then there will be some very rough consequences. Again, unclear what those are, because we have seen this

president threaten -- sanctions and economic pain on Moscow just to pull back.

So, there's a lot that still needs to be worked out. I think a key goal, of course, for this White House as we look forward, is trying to see if they

can get that meeting possible. Because they really do believe a bilateral meeting, getting the two leaders in the same room, and potentially a

trilateral meeting that would include Trump, as well as being so crucial to finding an end to this war.

The question, of course, is not only when and if that could happen, but is that even possible? And I think there's a lot of skepticism, particularly

from some of the European leaders who were here yesterday, about that possibility.

NEWTON: Yeah. And again, the president himself saying he wants to see this really in the next couple of weeks.

TREENE: Right.

NEWTON: Alayna Treene, grateful to you. All eyes on Israel after Hamas agreed to a new ceasefire proposal. We'll have the latest on what the

Israelis are saying. Plus, Egypt's Foreign Minister speaks exclusively to Becky, on efforts to break the deadlock in the two-year conflict ravaging

Gaza. What he's saying about Israel's position. We are live in Cairo with Becky, right after a break.

(COMMERCIAL BREAK)

ANDERSON: Welcome back. I'm Becky Anderson.

[09:15:00]

Well, Egyptian and Qatari mediators here in Cairo are ratcheting up efforts to get a deal to end the nearly two-year conflict in Gaza as concerns mount

about the threat of an Israeli expansion of its war, which they say could further endanger the lives of the hostages still being held, and worse than

the humanitarian situation for the people of Gaza.

That is the situation of the mediators, the teams here in the Egyptian capital, waiting now on a response from Israel after Hamas agreed to what

was a new ceasefire proposal, only tabled over the weekend, that mediators say provides a framework for a comprehensive solution to end this war.

Well, the deal is almost identical to U.S. Envoy Steve Witkoff's proposal in July, that Israel did initially agree to, but in the end, fell apart,

according to the Qatari Foreign Ministry spokesperson. He gave more details a short time ago. Have a listen.

(BEGIN VIDEO CLIP)

MAJED AL-ANSARI, QATARI FOREIGN MINISTRY SPOKESPERSON: I'm not in the habit of being overly optimistic when I don't have clear facts in front of me,

what I can tell you is, and I would say -- I won't say this is different or similar to previous iterations, but what I can tell you is that we have a

positive response from Hamas.

That positive response, according to what we know, is almost all that was agreed before by Israel in previous iterations of these talks.

(END VIDEO CLIP)

ANDERSON: Well, that is Majed Al-Ansari speaking to reporters earlier. Our Nic Robertson is standing by in Jerusalem for us. Nic, walk us through,

what we do know about this deal and what you are hearing very specifically from the Israeli side who are now sitting on this proposal.

NIC ROBERTSON, CNN INTERNATIONAL DIPLOMATIC EDITOR: Yeah, and Prime Minister Netanyahu, when he was asked this question yesterday, said he had

been hearing about it in the media, but he didn't give any sort of decision on his position on it. What we have heard from government officials here is

that the government's position hasn't changed, and the government's position is now that it wants a release of all the Israeli hostages.

And as you say, it's also poised, or it has the military poised. It appears to execute a massive military operation in Gaza City, much the

consternation of the mediators, much the consternation of the international community, the aid community, who say that this would be an unmitigated

disaster, but that those, if you will, are the pressures that work both ways.

The pressure the Prime Minister of Israel and his government are putting on Hamas to come to the table. They've come to the table under a lot of

pressure. Sources telling me that it has taken two days of pressure from the mediators Qatar and Egypt to get Hamas to sort of open the door, his

words, to allow the mediators proposal and accept it.

So, it really does all sit with the Israeli Prime Minister at the moment, he has changed his position on a number of things. If we go back a couple

of weeks after the attack on Iran, the exchange of missiles with Iran, there was a mood that said that this deal that Witkoff had put on the

table, that sounds very much like what there is at the moment could be done.

The prime minister was talking about the putting the hostages first. His sort of reverted to his previous position, which is now destroying --

putting destroying Hamas first and the hostages second. And of course, massive protests, hundreds of thousands of people on the streets of Israel

over the weekend, telling him to get the hostages released, make that the priority.

And the prime minister has had a reminder in the past 24 hours from his hard line coalition partners in government, Itamar Ben-Gvir, the national

securities minister, saying that this is the moment that the prime minister should go ahead and destroy Hamas, that he doesn't have a mandate for

accepting what appears to be on the table now, which is a partial deal, which is only some of the hostages being released, 10 living, 18 remains of

deceased hostages.

Of course, the mediators see this opening as a path to -- as a path, if you will, to getting to that bigger prize of getting all the hostages released.

But what the prime minister did say last night, and this, perhaps is the clue to where he's going on this. He did say Hamas is under pressure,

something they've admitted to, something that sources close to this process say, has been happening, but the ball, as you say, and Prime Minister

Benjamin Netanyahu's caught right now.

[09:20:00]

ANDERSON: Nic, a ceasefire, of course, would allow a surge of what is critically needed, humanitarian aid, essential items that would go some

way, just some way, to alleviating the suffering and the hunger of the people of Gaza. In the past 24 hours, me and the team here traveled to the

Egyptian side of the Rafah border crossing with Israel to see for ourselves the obstacles in getting that aid into the enclave.

Nic, we traveled with the Egyptian Foreign Minister there, I have to say, a delegation of Palestinians, including the Palestinian Prime Minister. And

have a listen to what the Egyptian Foreign Minister told me about current efforts to break the deadlock between the two warring parties.

(BEGIN VIDEOTAPE)

ANDERSON: Help me out here, what or who is holding up a ceasefire today?

BADR ABDELATTY, EGYPTIAN FOREIGN MINISTER: It's to be frank with you the lack of political will, especially from the Israeli side. We are pushing

the Hamas side in order to show more flexibility. And --

ANDERSON: What does that mean show more flexibility? I mean, Israel says it wants to defeat Hamas, and clearly feels it is close to doing that. Will

Hamas surrender at this point?

ABDELATTY: I mean, again, we have to be practical. We have to be reasonable. What we have to do now is to implement the proposal of Steve

Witkoff the U.S. especially.

ANDERSON: Which is a phased partial agreement.

ABDELATTY: Yes, that's right.

ANDERSON: A temporary truce.

ABDELATTY: At least, to have a cooling off period to allow more trucks to enter into Gaza, and during these 60 days of the ceasefire, to engage in a

serious negotiation to make this ceasefire sustainable.

ANDERSON: Can I be clear, foreign minister, is that the only proposal then on the table at present, the Witkoff proposal, to all intents and purposes?

ABDELATTY: This is the practical one.

ANDERSON: One --

ABDELATTY: Of course, the Israelis are talking about ending the war, having a comprehensive deal, but they are putting impossible, you know, conditions

to be realizing on the ground.

ANDERSON: -- impossible --

ABDELATTY: -- by talking about, of course, disarming Hamas, now. That they will not allow neither Hamas or Fatah or the Palestinian authority to be

there in Gaza. This is something, you know, not logic and not practical.

(END VIDEOTAPE)

ANDERSON: Well, that was my part of my interview, Nic, with the foreign minister. And our viewers can get the rest of that next hour. It was a

wide, ranging and important conversation. And you were listening there to what he said about his worries about Israel's sort of, quote, maximalist

conditions at this point.

And I remember, you know, a good year ago, talking to my sources around the region of the Middle East, talking about how these maximalist positions on

all sides were sort of, you know, redundant at this point, or couldn't be allowed to go on. The compromise was needed, not just in Gaza, but around

the region.

What did you make of what the Egyptian Foreign Minister just told me about his perception or his knowledge of the Israeli position?

ROBERTSON: Yeah, I think one of the interesting points there, isn't it? That he hopes that this current, essentially the sort of Witkoff deal of a

few weeks ago, as not being all the hostages released, but a step to getting them released. His hope that, that can go ahead.

And from what I understand from my sources right now is that Hamas Palestinian Islamic Jihad, other groups around the table, that the

mediators, Egypt and Qatar are talking to, are saying, look, we want to know, if we do what we're agreeing to hear these 60 days, what happens at

the end of that?

Because that was the terms of a previous deal. And from their perspective, Palestinian perspective, Israel didn't go through with getting to a second

phase, getting to the end of the war. And what I understand from my sources right now is Hamas want a written guarantee from the United States that

says there won't be a return to war after 60 days.

So, I think that's part of the picture. But so many of those details that we're talking about the scene, you know, when you're on the border, where

you were with all the trucks and you can see everything's ready to go into Gaza, sources are still telling me, you know, one of the easiest ways to

get from Egypt into Gaza is the Rafah border crossing which remains closed.

And that's still an issue with this current deal about getting that open. And another issue remains, who would distribute the aid inside of Gaza?

[09:25:00]

These are details that super officially would seem easy to manage that if everyone wants humanitarian aid to be distributed inside Gaza so that

people can get enough to eat again and get structures to live in, then it would be easy to get the border open, easy to find a way to administer

that.

ANDERSON: Yeah.

ROBERTSON: But it isn't. And that's where, right, and that's why the aspirations of the foreign minister you're speaking to with the Qatari

Prime Minister who was in Egypt yesterday, you know, sources are saying, look, we've sort of been here before, and we have the Witkoff proposal a

few weeks ago.

It all seems doable, but the eyes are now on Prime Minister Netanyahu to see if he, in essence, can balance everything he has to balance for him.

And a lot of people say it's about him to make this work.

ANDERSON: I was told by the Egyptian Foreign Minister yesterday that an invite has been extended to Steve Witkoff, Trump's man on this file, to

come to Cairo now and to pursue further peace. And obviously, you know, Steve Witkoff is essential in any pressure the mediators feel they can put

on Benjamin Netanyahu to come to the table and accept this proposal.

In saying that, let's just remind our viewers Nic, on Monday, U.S. President Donald Trump said on social media, we will see the return of the

remaining hostages when Hamas is confronted and destroyed three exclamation marks. The sooner this takes place, the better the chances of success will

be reading to that what you will.

I'm pretty sure. Correct me if I'm wrong, but I'm pretty sure that social post by Donald Trump came out just before the announcement that Hamas had

actually accepted this proposal, but it perhaps gives us a sense of where the U.S. Administration is aligned with the Israelis on the -- sort of

maximalist position with regard to Hamas.

Anyway, we wait to see whether Steve Witkoff accepts the invitation to come here to Cairo, whether we see an Israeli delegation here in Cairo, whether

or not the Israelis even address this current proposal with an official response, all of that sort of in play at present.

So, the fact that we've got a proposal on the table accepted by Hamas does not mean by any stretch of the imagination that we are at this point close

to an agreement to end this war, but at least there is a sort of framework in play for a comprehensive solution, according to the mediators.

Nic, it's good to have you. Thank you very much indeed. What a very busy Cairo, as you would expect here around half past three or just before that,

on this Tuesday. Just ahead on "Connect the World", just a few days before to go before a major speech from the Chair of the U.S. Fed.

Jerome Powell's task to keep the U.S. economy on track while ignoring a barrage of insults from the White House. More on that with Paula, after

this.

(COMMERCIAL BREAK)

[09:30:00]

NEWTON: So, the markets just open, as you can see there, not doing much, certainly slow summer days, but also traders really trying to parse some

economic data that in the last few weeks has been a bit contradictory. Now you'll remember that later this week, traders could get more clues to the

Federal Reserve's next move on interest rates.

Fed Chair Jerome Powell speaks on Friday at the Central Bank's Annual Research Conference at Jackson Hole, Wyoming. President Trump has

repeatedly berated Powell in public for not slashing U.S. interest rates. Now, some fed policymakers believe it's time to start cutting even though

inflation is still above the bank's target.

Markets are expecting rates to fall when the Fed meets next month. Any sign from Powell this week that contradicts that could be very negative for

share prices. Rana Foroohar is a Columnist and Associate Editor at "The Financial Times" and CNN's Global Economic Analyst.

And she joins us now from New York, so good to see you. I haven't checked in with you in a few weeks, so let's get to it. We have heard that this Fed

Chair, he said it time and again right, Rana, that his moves on interest rates are data dependent. Well, I ask you, what do you believe the data is

telling him right now?

I mean, irregardless of the politics here, inflation has ticked up, and the job market, while still strong, could be vulnerable. What do you think?

RANA FOROOHAR, CNN GLOBAL ECONOMIC ANALYST: Yeah, great questions. Paula. My take on inflation is that it is starting to rise, albeit slowly. The

last bit of official data we got headed up about 0.1 percent from the previous month. That's not a lot, but it shows the beginning of what I

think is going to be a trend.

Just anecdotally, when I'm talking to businesses, particularly small and mid-sized businesses, when I'm talking to consumers, they are saying, yes,

prices are getting more expensive. You know, I think if any of us have been in grocery stores. This summer, we've seen and felt some of that.

Gas is still pretty affordable, but -- housing prices, I mean, those are incredibly high. They've been high for a long time. I think overall,

consumers are beginning to feel the pinch. Now the question is, what does the labor market do? Because that's the other big piece of this.

When I speak to folks in the labor unions, in the marketplace, when I talk to Human Resources executives, they say things have been in kind of a no

hiring, no firing mode for some time. That means business is cautious. It doesn't quite know what to expect, tough to get a job, but they haven't

been laying off en-masse yet.

That is starting to change in certain sectors, particularly white-collar sectors, that have been hit by AI. You're beginning to see, you know, for

the last several months, actually, in the technology sector, lots of layoffs. And now, I hear anecdotally, a sense that, that may spread into

broader sectors of the economy into the fall, if we do get a sense that the economy is beginning to weaken.

So, bottom line, slow and steady, but I think that we're going into a downward trend, if I had to bet.

NEWTON: And that's why I love speaking to you, Rana, because you are speaking to the businesses, the HR departments, and the employees

themselves. And that leads us back to what the Fed Chair might be getting, because he's getting all this data and also getting these surveys.

And yet, we've had this back and forth politically between the president, the Fed Chair. How much do you believe that that, division between, you

know, the president and the Fed Chair has actually infected the board itself? And do you believe there's risk here now, that the economic

management will be politicized in some way?

FOROOHAR: Well, I think the management has been politicized by the president. No question about that. I mean, the fact that you have a sitting

president threatening to fire a sitting Fed Chair, calling him stupid, you know, if he doesn't like the data. And of course, it's not just the Fed

Chair.

He fired the -- President Trump fired. They had the BLS when that same Bureau produced data that he liked, it's oh, everything's great, when he

doesn't like it, you're out. This is the kind of thing that happens in shaky emerging markets. I mean, I hate to even use the term emerging

markets, because frankly, many emerging markets are becoming more stable while the U.S. is getting more politicized.

[09:35:00]

Now, that said, I don't think that any of this has affected what Jerome Powell is doing, you know, on a real-world basis with policy, it is a very

tricky period. We've come through a few years that have been really unprecedented in terms of the kind of vectors that are in play.

You had COVID, you had lots of different parts of the world reacting in different ways to that. You had a big boom, which created a certain amount

of inflation in the U.S. You had fiscal policy from the Biden Administration. But then you have this, you know, the tariff war that the

Trump has started.

You have the higher tariffs that we haven't even really seen yet, and we're starting to see what they may do to the economy. You know, big banks like

Goldman Sachs, Morgan Stanley, have been telling clients, you know, hang on to your hat. We may see, you know, anywhere from a 5 to 15 percent

correction in the markets at some point, just because things are so rocky.

So, there are real world reasons for that. And then there's what the president's doing, which is not helping anything.

NEWTON: And Rana, before I let you go, you did allude to the fact that, you know, the tariff issue is still out there. I mean, this has really thrown

some economies for a loop. They really thought they'd see more inflation from tariffs, by now they haven't. Do you think this, you know, third,

fourth and final quarter is where you're going to start to see some of that inflation?

FOROOHAR: I wouldn't be surprised if you really start to see it show up in the data in the fall, absolutely. I want to just stress, tariffs are not

kind of an on, off light switch that you can flip and you feel the impact immediately. I mean, we did see an impact in the markets in April, when the

president announced them, but that was more of a fear factor, a kind of a panic.

The real-world impact is slow and steady, because it depends on how much supply do businesses have. You know, how long does it take the ship to get

here? Which countries are being hit? What inputs do they account for? But I know, you know, I hear small -- I walk into businesses and hear people

talking about, we just got that shipment.

I wanted to get it in before the tariffs hit. People are concerned, and there will be an effect at some point, but it's going to happen in

different industries, at different places, at different times.

NEWTON: Rana, good to see you. And we'll continue to really follow the economy and the markets as the Fed Chair makes his speech on Friday.

Appreciate it. And we will be right back with more news in a moment.

(COMMERCIAL BREAK)

[09:40:00]

NEWTON: No, you're not delulu, skibidi really is in the dictionary. Against my better judgment, I would say it's one of 6000 words that the Cambridge

dictionary added to its online edition in the last year. Skibidi, which was coined by a YouTube series, is an intentionally skibidi.

I see I said it wrong. They're just telling me I said it wrong again. Skibidi intentionally nonsensical word that I still do not know how to

pronounce, that has no real meaning on its own. Depending on the way it's used, it can have many different meanings, apparently, like cool or bad.

Now, delulu, yeah, even I can understand that one. It's a play, of course, on delusional and means choosing to believe things that aren't real or

true, like the fact that I'm actually reading this script. Another word added is tradwife, an abbreviated form of the term traditional wife.

It's used to describe influencers who glorify that role. And finally, a word plucked from the headlines broligarchy. That is a mix up of bro and

oligarchy. It's a reference to the tech leaders who attended President Trump's inauguration in January. And now you know you're welcome.

Now the rivalry in men's tennis between Jannik Sinner and Carlos Alcaraz hit some growing pains on Sunday in Cincinnati. Just 23 minutes into the

first set, with Alcaraz leading five games to love Sinner, he had to retire speaking on court. Sinner apologized to the fans, saying an illness that

came on Saturday had gotten worse overnight.

He and Alcaraz are the front runners, of course, to win the U.S. Open, which starts next week. Amanda Davies joins me with more. I mean, look,

even his opponent doesn't want this. I mean, what more are you learning about if he's going to be OK for that U.S. Open?

AMANDA DAVIES, CNN WORLD SPORT: Yeah, not skibidi for Jannik Sinner.

NEWTON: You know how to say it?

DAVIES: Well, I don't know. Is that the right context. I'm giving it a go. I'm sure my daughter will very much correct me, if not. Yeah, it's not. I

mean, people really wanted another one of these epic Carlos Alcaraz, Jannik Sinner finals that we have come to know and love.

But yeah, sadly, illness, sickness got the better of Jannik Sinner. He's suggesting he just needs a couple of days off court. And of course, all the

focus will be on picking up where he left off at Flushing Meadows. But it's fascinating this week, because normally you see players easing their way

in, to their Final Grand Slam of the tennis calendar.

But we've got this new look, new spangled mixed doubles competition, which has the top seeds, the biggest names paired with each other over two days.

And it's fair to say it's caused some controversy. So, we're actually going to be talking a little bit more about that in just a couple of minutes on

"World Sport".

NEWTON: I do want to hear about that, because I said it's been lighting up social media and tennis. Amanda Davies, thanks, she'll be with us right

after a break.

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