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Potential consequences of increased tariffs on unused inventory and concerns about Medicaid funding: Morning Rundown


Companies are warning of potential product shortages and empty shelves due to Trump’s tariffs on Chinese imports. Lower-cost items like footwear, apparel, and toys are expected to be the first to disappear from stores. Retailers are canceling shipments and halting orders, leading to concerns for back-to-school and holiday shopping. Medicaid cuts could impact life-saving treatments for children with cancer, as the program covers nearly half of all children and a third of kids diagnosed with cancer. Trump has promised not to touch Medicaid, but Republicans are planning budget cuts that could affect the program. In the sports world, the NFL draft started with surprising picks and trades, leaving top prospects like quarterback Cam Ward and Heisman Trophy winner Travis Hunter still on the board. Meanwhile, a 1940s secretary created America’s first lesbian magazine, Vice Versa, providing a valuable glimpse into LGBTQ history. If you’re looking for online shopping tips, NBC Select offers advice on cleaning white sneakers and finding home products on Amazon.

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