Morning Brew Daily
Trump Announces 90-Day Tariff Pause & Drones Deliver Your Packages?
Apr 10, 2025
The hosts dive into the aftermath of Trump's pause on tariffs, igniting stock market optimism, especially for retailers. They explore a groundbreaking drone delivery startup poised to compete with Amazon in logistics. Japan impresses with a rapid 3D-printed train station creation while concerns about microplastics infiltrating human brains are raised. Celebrating 'The Great Gatsby's' centennial, they discuss its remarkable rise to fame and highlight the unique traditions of the Masters golf tournament.
30:05
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Quick takeaways
- Trump's 90-day tariff pause significantly boosted the stock market but leaves lingering concerns about ongoing high tariffs on China.
- Walmart's collaboration with Zipline aims to innovate last-mile delivery using drones, enhancing efficiency in urban logistics networks.
Deep dives
The Impact of Tariff Policy on Markets
The recent decision by President Trump to pause reciprocal tariffs for 90 days has had a significant and immediate positive effect on the stock market, with the S&P 500 recording its best single-day performance since 2008. This announcement led to a remarkable surge in the markets; key companies like Apple and Nike experienced substantial stock price increases as relief spread among investors. However, despite this temporary reprieve, analysts caution that ongoing high tariffs on Chinese imports and uncertainty in trade relations may still pose risks to the economy. As skepticism remains about the stability of these gains, experts highlight that the underlying anxiety regarding tariffs could continue to influence market volatility.
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