Morning Brew Daily Wall St. Thirsts For Tariff Refunds & AI ‘Workslop’ Costs Millions
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Sep 25, 2025 Wall Street firms are eagerly anticipating potential tariff refunds if the Supreme Court acts on Trump-era tariffs. AI's promise of increased productivity is questioned as it seems to introduce more complications than benefits. Meanwhile, China shifts its soybean imports from the U.S. to Argentina, impacting American farmers. On a lighter note, Instagram celebrates reaching 3 billion users, while Broadway struggles with rising production costs amidst a few blockbuster hits.
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Wall Street Buying Tariff-Refund Claims
- Investors are buying companies' tariff-refund claims for pennies anticipating Supreme Court wins that could force massive refunds.
- The government will vigorously fight refunds, so buyers price in long legal risk and delay.
Small Importer Hurt By Tariff Costs
- A small drawstring-bag maker said tariffs forced him to cut his workforce from nine to three and pay tens of thousands extra per container.
- That executive accepted a Wall Street cash offer to cushion immediate losses rather than wait for legal refunds.
Check AI Outputs Before Forwarding
- Treat AI outputs skeptically and always fact-check before passing them on to colleagues.
- Use AI to polish work, not to create it, and limit mandated top-down usage.