This Changes Things hosts Baker Machado and Brad Smith explain how small businesses will be impacted by Trump's proposed tariffs. Plus, why Nordstrom rejected a bid from the company's founding family.
According to The Trade Partnership, the proposed tariffs on aluminum and steal could end up costing America close to 150,000 jobs. In addition, some consumer industries would see declines in employment as households scale back their spending in response to higher prices.
Plus, a new report by the American Customer Satisfaction Index revealed that customer satisfaction while shopping online was down last year. Satisfaction among supermarket and drugstore customers increased.
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.
