Squawk Pod 5 Things to Know Before the Opening Bell 9/26/2025
Sep 26, 2025
Discover the latest in market news! President Trump proposes hefty tariffs on pharmaceuticals and trucks, sparking debates on their economic impact. Costco impresses with earnings by launching Kirkland alternatives to tackle tariff costs. Meta introduces ad-free pricing options in the UK, matching their earlier EU move. In a surprising turn, Amazon agrees to a $2.5 billion settlement with the FTC over Prime membership issues. Tune in for insightful analysis on these hot topics!
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Tariffs Target Drugs, Trucks And Farm Relief
- President Trump threatened 100% tariffs on pharmaceuticals unless companies build U.S. plants and proposed a 25% tariff on heavy trucks starting Oct. 1.
- He suggested using tariff revenue to compensate U.S. farmers hurt by retaliatory tariffs that reduced foreign demand.
Costco Offsets Tariffs With Private Label
- Costco beat earnings expectations and its CFO said the company is offsetting higher tariff costs by shifting toward Kirkland private-label items.
- The retailer is substituting tariff-hit goods with in-house brands to protect margins.
Meta Prices Ad-Free Options In The UK
- Meta announced ad-free Facebook and Instagram in the UK for a little more than $5/month on mobile and slightly less on web.
- The pricing mirrors Meta's EU rollout from 2023 to comply with regulator demands.