Morning Brew Daily DoorDash Ups Delivery Reign with $5B Deals & Tariffs Hurt Weddings?
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May 7, 2025 The podcast dives into significant U.S.-Canada trade tensions and a meeting aimed at smoothing relations. DoorDash makes headlines with strong earnings and major acquisitions, solidifying its market dominance. A troubling parasite resurfaces, endangering livestock. The conversation also reveals how tariffs are inflating wedding costs, prompting couples to rethink their budgets. Lastly, they touch on the economic impacts of these tariffs on small towns and various industries.
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US-Canada Trade Stability Wanes
- Despite a cordial meeting, US-Canada trade relations lack stability due to heavy tariffs and economic nationalism.
- Canada is reconsidering its dependence on the US, diversifying exports to other markets like Asia.
Canadian Travel To US Drops
- Canadians are traveling less to the US due to trade frictions, impacting airlines and travel companies.
- Some prefer flying over the US to Mexico or choosing alternative destinations, signaling a significant drop in US tourism.
DoorDash Expands Globally
- DoorDash's acquisitions of Deliveroo and Seven Rooms mark its expansion beyond the US with ambitions to dominate globally.
- Delivery companies survive the post-pandemic slump and report no weakening in consumer demand.