Protecting the Ocean at the 5th World Ocean Summit
According to UN Environment, by 2050, there could be more plastic than fish in our oceans. That's why the Economist is hosting its 5th World Ocean Summit right now.
Lisa Emelia Svensson is the Global Director for Ocean at UN Environment and she joined Cheddar from the Summit. Svensson explains that the focus of this year's summit is to grow awareness around issues facing the ocean and to partner with private sector businesses that can bring financing and innovation to the space.
Svensson stresses the importance of protecting the coral reef as well. Coral reefs not only protect coastlines, but the beautiful organisms serve as major tourist attractions across the world. The dual financial impact makes protecting reefs essential for conservationists and governments alike.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
