The U.S. tariffs on Chinese products that kicked in on Friday are specifically targeted at high-tech goods, an attempt to crack down on alleged intellectual property theft. But they could end up raising the cost of products like e-cigarettes, e-bikes, and smart home devices that are overwhelmingly used by millennials, says Axios reporter Erica Pandey.
For the full segment, [click here.](https://cheddar.com/videos/how-tariffs-on-china-could-affect-u-s-millennials)
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The United Nations' global index for tracking food prices fell 1.9 percent in December after hitting an all-time high in 2022 amid drought, war, pandemic, and supply chain challenges.
The latest jobs report is in, and once again it's looking good for workers: The U.S. economy added 223,000 jobs in December, and unemployment dropped to 3.5 percent from 3.6 percent.