cover of episode Trump Drops 25% Tariffs on Cars & 'Family Dollar' Sold for $1B

Trump Drops 25% Tariffs on Cars & 'Family Dollar' Sold for $1B

2025/3/27
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Trump announced a 25% tariff on all imported cars and auto parts to boost U.S. auto manufacturing, leading to potential price hikes and supply chain disruptions.
  • President Trump announced a 25% tariff on imported cars and auto parts.
  • The tariffs aim to boost domestic auto manufacturing and revenue.
  • 45% of light vehicles sold in the U.S. are imports.
  • Auto stocks dropped 5% after the announcement.
  • Analysts predict car prices may increase by $5,000 to $10,000.
  • The United Auto Workers Union supports the tariffs.
  • The Canadian Chamber of Commerce opposes the tariffs.
  • Trump's tariffs may instigate a trade war with reciprocal tariffs expected.

Shownotes Transcript

Episode 548: Neal and Toby discuss Trump’s latest tariff order, this time a 25% tax on all auto imports. Then, Dollar Tree was sold to private equity firms for $1 billion after years of struggling. Also, Wall Street bonuses are heftier than ever, reaching a new record $47.5 billion. Yowza.Meanwhile, Neal shares his favorite numbers from The Atlantic’s bombshell leaked war plans report, March Madness, and the hottest new show on Netflix. Finally, the MLB season kicks off with some exciting headlines.

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00:00 - 'The Office' Celebrates 20 Years

02:45 - 25% Car Tariffs 

08:00 - Family Dollar Sold for $1 Billion

10:45 - Wall Street Bonuses 

14:30 - Neal’s Numbers 

23:45 - MLB Opening Day

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