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Morning Brew Daily

Tariffs Ineffective Against US Trade Deficit? & Family Feud Over Reese’s Recipe

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 20 February 2026

⏱️ 28 minutes

🧾️ Download transcript

Summary

Episode 784: Neal and Toby discuss the swelling trade deficit despite Trump’s aggressive tariffs. Then, the grandson of the Reese’s Peanut Butter Cup inventor is publicly criticizing Hershey’s for skimping out for cheaper ingredients. Also, Etsy sells its secondhand marketplace to eBay, which is a move investors are cheering for, making it the Stock of the Week. Meanwhile, Amazon finally snaps its 9-day losing streak that resulted in losing $450B in market value, making it the Dog of the Week.  Learn more about FlavCity at https://go.shopflavcity.com/mbds  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://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The weight is over. Last One Laughing is back and it's even more brutal than last time. Share your biggest regrets. I don't regret this haircut. What did you ask for? The Shaggy Slim Shady? Joining us this series we have... Romish Wengrenner Nathan, Diane Morgan, David Mitchell, Mel Gedroich, Amy Gledhill, Alan Carr, Bemi Sola, Ike Melo, Sam Campbell, Maisie Adam, and Bob Mortimer.

0:21.5

Anyone want a song?

0:23.3

No.

0:24.3

Last One Laughing, new series, watch now. Only on Prime Video.

0:31.7

Good morning for Daily show. I'm Neil Fryman.

0:34.8

And I'm Toby Howell.

0:35.7

Today, have Reese's peanut buttercups been

0:37.7

getting worse? Then has the U.S. trade deficit been getting worse? It's Friday, February

0:43.1

20th. Let's ride. Good morning and happy Friday. Wow, what a day at the Olympics. Yesterday, the U.S. women's hockey team

0:56.6

won the gold medal in an absolute thriller coming from behind to beat Canada in overtime.

1:01.5

Elsewhere on the ice, Alyssa Lou's stellar free skate helped her become the first American

1:05.2

woman to win figure skating gold in 24 years. And it's even sweeter when you learn that she retired from the sport four years

1:12.2

ago after being burnt out, only to return with a plan just to have the most fun possible.

1:17.6

And finally, the newest Winter Olympic sport, Schemo, or Ski Mountaineering, debuted yesterday.

1:23.0

And it was total chaos in the best way.

1:24.8

Yeah, no disrespect to, you know, these generational hockey teams

1:28.4

and figure skating gold medals, but I was very wrapped up in Schemo. What a bizarre and

1:33.5

painful sport. Run up a hill on skis through an obstacle course, take your skis off, then put

1:38.8

them on a bunch of times, then ski down again. I do love the difference between the summer and Olympic games when it comes to

1:45.6

admitting new sports. Oh, you want squash or MMA, like sports enjoyed by millions of people in the

1:51.2

summer games. Tough luck. Oh, you invented a 37th new way to ski. You are into the Winter Olympics,

1:58.0

baby. Although the summer games did let break dancing in. So maybe they're not as discerning as I'm making it out to be. Ski breakdancing. It's coming in 2020, whatever the next Olympics are. And yes, we're going to be locked in on Saturday for friend of the friend of the pod. Cam Smith goes for ski mountaineering. And now a word from our sponsor, Flav City. Toby, how are you hitting

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