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)
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.