Macy’s Panics Over $154M Expense Cover Up & Space Rocket Wars Heat Up
Morning Brew Daily
Morning Brew
4.4 • 3K Ratings
🗓️ 26 November 2024
⏱️ 31 minutes
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| 0:00.0 | Adobe Express makes it quick and easy to create everything I need for my business. |
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| 0:14.0 | Good morning, Brood Daily show. I'm Neil Fryman. |
| 0:19.0 | And I'm Toby Howell. |
| 0:20.0 | Today, Gavin Newsom takes on Trump and Elon Musk and a Golden State electric vehicle brawl. |
| 0:25.9 | Then who is Rocket Lab, the scrappy SpaceX rival, who just sent two rockets into orbit in 24 hours? |
| 0:32.7 | It's Tuesday, November 26th. Let's ride. |
| 0:43.6 | Good morning. We are officially over halfway through this short week. Keep on going. Donald Trump dropped some pre- Thanksgiving news yesterday, clarifying some |
| 0:49.0 | details around the new tariffs he wants to impose. In a post on Truth Social, he said that he will issue executive |
| 0:55.5 | orders imposing tariffs on all imported goods from the U.S.'s three largest trading partners, |
| 1:00.2 | China, Mexico, and Canada on his first day in office. Specifically, Trump mentioned a 25% |
| 1:06.1 | tariff on Mexican and Canadian goods and a 10% tariff on Chinese goods. Neil, all signs are pointing to these things actually happening. |
| 1:13.4 | Perhaps. |
| 1:13.9 | He said that, you know, these tariffs would come as punishment for migrants and illegal |
| 1:19.7 | drugs like fentanyl coming from places like Mexico and China and said that he would put |
| 1:24.1 | these tariffs on until those were addressed. So we don't know whether |
| 1:29.2 | this is the beginning of trade war 3.0 or start of a negotiation. And we know that Trump has |
| 1:36.5 | used tariffs as a point of leverage when starting negotiations. But if these tariffs were |
| 1:43.8 | to come to past, it would cause |
| 1:46.0 | major upheaval in global trade. As you mentioned, these are the three largest trading partners |
| 1:51.0 | of the United States. We trade $600 billion worth of goods with China. And goods are valued |
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