Southwest Scraps Free Checked Bags & Tariffs Hit Steel and Aluminum

Morning Brew Daily

Morning Brew

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4.4 • 2.8K Ratings

🗓️ 12 March 2025

⏱️ 28 minutes

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Summary

Episode 537: Neal and Toby discuss why Southwest is ditching one of its most prized perks: ‘2 bags fly free’ and why the airline industry is still struggling to takeoff. Then, Trump scares markets with a hike of Canadian steel and aluminum tariff to 50% but quickly pulls back. But the 25% is still happening. Plus, Greenlanders will have their say on their independence during their election and are sitting on a goldmine of valuable minerals. Also, Japan is seeing record snowfall which has skiers from all around the world flocking to its resorts… Which is also causing safety challenges. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow There are risks involved with investing in ETFs, including possible loss of money. ETFs are subject to risks similar to those of stocks. Investments focus in a particular sector, such as technology, are subject to greater risks and are more greatly impacted by market volatility, than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Invesco Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Wise Business.
0:02.8	The Wise Business account has everything you need to do business globally.
0:06.6	It's a one-stop shop for all your international business finances.
0:10.0	You can get paid, pay vendors, and suppliers, and manage your business finances in 40 currencies.
0:15.5	With Wise Business, there are no hidden fees, markups on the exchange rate, and no ongoing subscription costs.
0:21.0	Get started today at wise.com slash business. That's wise.com slash business.
0:28.1	Good morning, Bird Daily show. I'm Neil Fryman. And I'm Toby Howell. Today, tariffs go heavy
0:33.4	metal as the U.S. hits trading partners with a 25% steel in aluminum tax.
0:38.3	Then remember when bags flew free on Southwest? Well, now it's bags fly for a fee. Yep,
0:44.3	free baggage is gonzo. It's Wednesday, March 12th. Let's ride.
0:49.3	A hot new play is setting fire to Broadway.
0:57.8	Well, it's actually a very old play.
0:59.7	Shakespeare's Othello, starring Denzo Washington and Jake Gyllenhaal,
1:04.1	brought in $2.8 million last week over eight performances,
1:08.4	making it the highest weekly gross for a Broadway play in history.
1:12.3	The average ticket price was $338, but hearing Denzel recite, excellent wretch perdition,
1:19.6	catch my soul.
1:20.6	But I do love thee, and when I love thee not, chaos is come again.
1:24.4	Seems worth it.
1:25.3	Watch out, Denzel.
1:26.7	That was well done. Very expensive ticket prices. I mean, you mentioned
1:30.8	the average ticket price, but you can get tickets upwards of $800 to see these two on stage.
	...

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