3.8 • 950 Ratings
🗓️ 21 November 2025
⏱️ 5 minutes
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:07.6 | We've made it to Friday the 21st of November. I'm Julie Morgan. |
| 0:12.9 | Breakfast and dinner could soon be cheaper. Joby Aviation is suing Archer, and Pepsi is launching a new healthy drink. |
| 0:22.6 | President Trump has signed an order rolling back the 40% tariffs on several Brazilian |
| 0:27.5 | agricultural products, things like coffee, beef, fruit, and cocoa in an effort to bring down |
| 0:34.0 | food prices at home. |
| 0:35.8 | He said the move follows progress and talks with Brazil, along with recommendations |
| 0:40.1 | for multiple advisors. |
| 0:42.3 | The change applies to imports arriving on or after November 13th and could even lead to |
| 0:47.8 | refunds for duties that have already been paid. |
| 0:50.9 | It's the latest step in the administration's effort to ease grocery costs by cutting tariffs |
| 0:56.1 | on key food items. Brazil had been hit with 50% tariffs well above the standard 10% across the |
| 1:03.4 | board duty as a way to pressure the country over its prosecution of its former president, a Trump ally. |
| 1:10.0 | This is significant given Brazil's role in the global food supply. |
| 1:14.1 | It's the world's top coffee exporter and supplies about a third of America's coffee beans. |
| 1:19.4 | And the leading exporter of beef, which plays a major role in the U.S. burger supply chain. |
| 1:26.0 | Joby Aviation is suing rival Archer Aviation accusing a former employee of taking |
| 1:31.5 | confidential information to disrupt Joby's exclusive client partnerships. According to the lawsuit, |
| 1:37.8 | Jobi's former U.S. state and local policy head had access to sensitive strategic and technical |
| 1:43.9 | information. Joby says he copied |
| 1:46.3 | highly valuable files just two days before resigning. Less than three weeks later, a strategic |
| 1:52.2 | partner told Joby that Archer approached them using detailed knowledge of their agreement. |
... |
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