Tariffs Hitting Hollywood? & Air Traffic Control Shortage Delays Newark

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 6 May 2025

⏱️ 28 minutes

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Summary

Episode 576: Neal and Toby dive into Trump’s call to place 100% tariffs on any films produced outside of the US in an effort to rein in foreign tax incentives. Then, Newark International Airport faces crisis-level delays and cancellations due to air traffic control staffing shortages. Also, student loan borrowers who have trouble paying may have to face collections as the Trump administration is starting to crackdown on defaulted loans. Meanwhile, Toby examines the trend of autonomous freight trucks hitting the road. 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. 00:00 - Pulitzer Prize Winners 2:45 - Warren Buffett is retiring 3:00 - Hollywood Tariffs 08:40 - Newark Air Traffic Control Issues 12:15 - Student Loans Heading to Collections 17:40 - Driverless Trucks 21:40 - Headlines Visit https://planetoat.com/ to learn more! Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25, subject to change. *Terms and Conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you're building your portfolio, don't do it alone. On public, you can build a multi-asset investment portfolio of stocks, options, bonds, crypto, you name it. And you can diversify while generating fixed income with public suite of yield accounts, like their high-y-yield cash account where you can earn an industry-leading 4.1% APY. Fund your account in five minutes or less and earn up to $10,000 when you transfer your
0:23.0	old investment portfolio. Head to public.com slash morning brew to get started. That's public.com
0:28.4	slash morning brew. Paid for by public investing, full disclosures, and podcast description.
0:35.0	Good morning brew daily show. I'm Neil Fryman.
0:38.0	And I'm Toby Howell.
0:39.0	Today, would before sunrise have hit the same if they met in Cleveland instead of Vienna?
0:44.1	We could find out after Trump proposed tariffs on foreign-made movies.
0:47.5	Ben and Newark Airport has been plunged into chaos after a multi-day meltdown of its air traffic control systems. It's Tuesday, May 6th.
0:56.0	Let's ride.
0:58.0	The Pulitzer Prizes were handed out yesterday for excellence in journalism and Toby, we were
1:08.0	snubbed again. Just remember, Hitchcock was never given an Oscar for Best Director.
1:13.5	Fortunately, all the awardees were more than worthy. The Wall Street Journal won an award for
1:18.3	its coverage of Elon Musk's rise to power. The Washington Post won the Breaking News Prize
1:23.0	for its reporting on the attempted assassination of Donald Trump, and ProPublica won the most prestigious prize for public service,
1:30.1	with its coverage of the impact of state abortion bans across the country.
1:33.9	In literature, the book James by Percival Everett,
1:36.9	a retelling of the story of Huckleberry Finn from Jim's perspective,
1:40.7	won the fiction prize, and I read this book a few months ago.
1:43.9	Great book if you're
1:45.0	looking for a wreck. Neil, one of these days, our ships will come in. Toby's trends will be
1:49.0	honored for national reporting or Neil's numbers will snag that public service award. We will
1:53.8	get there. But seriously, a lot of the research that goes into producing our show Morning
	...

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