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The Best One Yet

💥 “ESPN Rizzzz” — Gen Z’s SportsCenter. Silverado’s tariff explainer. Boba Ice Cream IPO.

Wed, 05 Mar 2025

Description

ESPN just launched a Gen Z SportsCenter on Disney+… “SC+” is a playbook for youth content.The US is now in a trade war with Canada and Mexico… the Chevy Silverado explains it all.The world’s biggest fast food chain just IPO’d… China’s Mixue is bigger than McD’s.Plus, the untold origin story of Taco Bell’s Doritos Locos Taco.$DIS $GM $MIXUEWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… The Doritos Locos Taco 🌮. Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers to Sriracha. New 45-minute episodes drop weekly.—-----------------------------------------------------Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Audio
Transcription

What is ESPN's new Gen Z SportsCenter SC+?

478.212 - 523.122 Nick

The commercial for Daredevil, Born Again, was so fast, you don't even have time to change the channel. And that's part of the strategy. And finally, the last... Can Gen Z SportsCenter save SportsCenter? Does this new SportsCenter slap or is it cringe? Let us know in the comments. For our second story, America is officially in a trade war with our neighbors after 25% tariffs hit Canada and Mexico.

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523.182 - 541.739 Nick

To understand the pain that this means, we're looking at one product. One product. The Chevy Silverado. Now, Yetis, maybe you did or maybe you didn't circle your calendars, but either way, Jack and I got your backs. Remember last month when we told you that Trump delayed the tariffs he was going to hit Mexico and Canada with by one month?

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541.939 - 565.854 Nick

Well, we got a calendar notification and that delay expired yesterday. So, as of yesterday, anything entering the United States from Canada and Mexico is now subject to a 25% tax. As we said, it is trade war two. Oh, and by the way, trade war two has also already escalated with China this week. As of yesterday, tariffs on anything coming from China doubled to 20%.

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566.735 - 585.676 Nick

Remember what we said, besties, nobody wins with tariffs. It's bad for investors, bad for companies, bad for consumers, and we'll explain why right now. Okay, so Jack, let's talk about the response quickly. The companies, the reactions, what happened in the markets? Yesterday, Target and Best Buy both said that they were going to pass on tariffs to us through higher prices.

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585.876 - 608.827 Nick

So Target and Best Buy stocks both failed. Also yesterday, Chipotle, which imports avocados and tortillas from Mexico, they said they wouldn't raise prices. Instead, they would absorb the cost. But that means that profits at Chipotle are going to be smaller, so Chipotle's stock fell as well. No matter how a business responds to these tariffs, they're going to suffer.

609.167 - 628.901 Nick

And so stocks overall fell the past two days. Like we said, nobody wins with tariffs. Extra guac is about to get extra. But get this, stocks, as measured by the S&P 500, have now officially fallen below where they were the day after the election. That's right. The Trump bump of the last couple months, it has now officially disappeared.

628.961 - 649.743 Nick

But the biggest loser of trade war two might actually be the Chevy Silverado. The old Chevy Silverado. And anyone who may want to buy a Chevy Silverado. Because get this, Yetis, Chevy sold 673,000 of their flagship pickup trucks last year, and half of them were assembled in Mexico or Canada.

649.823 - 675.584 Nick

So Jack and I got curious, we dove in T-boy style, and we followed the journey of how you make a Chevy Silverado truck. Well, when those Mexican or Canadian-made Silverados enter the US to be sold at a US car dealership, General Motors will now have to pay a tax of $10,000. $10,000 per car. A 25% tariff times a $70,000 Silverado is a lot of money.

675.624 - 691.456 Nick

And we're not even including this seat heater upgrade on that. But Jack, what about the 50% of Chevy Silverados that are actually made in America? they're actually going to get more expensive too. And why is that, Jack? The power steering and door trim panels of all Silverados are made in Mexico.

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