cover of episode Trump's Tariff Reveal Escalates Trade War & Tesla Sales Drop 13%

Trump's Tariff Reveal Escalates Trade War & Tesla Sales Drop 13%

2025/4/3
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Morning Brew Daily
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President Trump announced sweeping tariffs on various countries, potentially escalating a global trade war. Economists express concerns about the negative impacts on economic growth, business uncertainty, and inflation. The tariffs' calculation method is questioned for its imprecision.
  • Announcement of minimum 10% tariff on all exports to the US
  • Higher reciprocal rates on countries with unfair trade barriers
  • Economists predict slower growth, uncertainty, and inflation
  • Dow futures down over 1000 points, S&P and Nasdaq down significantly

Shownotes Transcript

Episode 553: Neal and Toby explain what Donald Trump's tariffs mean for the global economy after his "Liberation Day" reveal in the White House Rose Garden. Then, Tesla sales are down 13% after sharing their Q1 earnings and Nintendo reveals a new Switch for the first time in years. Then Neal shares his favorite numbers from the week and here are the headlines you should know from Wednesday.

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