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Morning Brew Daily

Tariffs Hitting Hollywood? & Air Traffic Control Shortage Delays Newark

06 May 2025

Description

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.

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Full Episode

0.589 - 16.72 Advertisement Narrator

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18.581 - 33.016 Advertisement Narrator

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35.097 - 47.406 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, would Before Sunrise have hit the same if they met in Cleveland instead of Vienna? We could find out after Trump proposed tariffs on foreign-made movies.

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47.706 - 57.714 Toby Howell

Ben, a Newark airport has been plunged into chaos after a multi-day meltdown of its air traffic control systems. It's Tuesday, May 6th. Let's ride.

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62.93 - 80.62 Neal Freiman

The Pulitzer Prizes were handed out yesterday for excellence in journalism, and Toby, we were snubbed again. Just remember, Hitchcock was never given an Oscar for Best Director. Fortunately, all the awardees were more than worthy. The Wall Street Journal won an award for its coverage of Elon Musk's rise to power.

80.901 - 101.894 Neal Freiman

The Washington Post won the Breaking News Prize for its reporting on the attempted assassination of Donald Trump. And ProPublica won the most prestigious prize for public service, with its coverage of the impact of state abortion bans across the country. In literature, the book James by Percival Everett, a retelling of the story of Huckleberry Finn from Jim's perspective, won the fiction prize.

102.134 - 105.977 Neal Freiman

And I read this book a few months ago. Great book if you're looking for a wreck.

106.317 - 122.348 Toby Howell

Neil, one of these days our ships will come in, Toby's Trends will be honored for national reporting, or Neil's numbers will snag that public service award. We will get there. But seriously, a lot of the research that goes into producing our show, Morning Brew Daily, comes from the on-the-ground reporting that these reporters are doing.

122.388 - 141.255 Toby Howell

So if you've ever learned something new or felt just a little bit smarter after a morning listen, you've got them to thank as well. And now a word from our sponsor, Planet Oat. Neil, everyone's talking about how this is the age of AI. Smart fridges, smart vacuums, smart-aleck kids who think ChachiBT know the answers to everything.

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