Yasmeen Khan
Appearances
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
But it's hit some major roadblocks along the way.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
That's Wall Street Journal reporter John Emond, who's based in Asia.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Emont cites one example in his story, where it took robots in a Nike factory in Mexico around eight months to learn how to place the iconic Nike swoosh on a shoe using minimal human labor.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
So now, Emont reports, Nike may be facing some tough choices. Make much simpler shoes that are easier to mass produce, or reconsider the efforts to automate manufacturing and move more of its production to the U.S. There are some clear upsides. Producing shoes in the U.S. would mean products spend less time in transit and get into stores sooner.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
But a former executive who worked with Nike told Emont, in order for Nike to pull it off, the company will need to, quote, have deep pockets and some patience because it's not going to happen fast. Now to California, where last night, former Vice President Kamala Harris gave her first major speech since leaving the White House and losing the 2024 election.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
She spoke critically about Trump's first 100 days in office and how he's expanded executive power.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Harris also criticized Trump's economic policy.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Harris spoke at a 20th anniversary event for Emerge, a group that aims to support and train Democratic women who are running for office. As The Washington Post reports, it was Harris's 2002 run for San Francisco district attorney that helped inspire the formation of the group. And last night, she called for more women to enter politics.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Notably, Harris didn't make any major announcements about what will be coming next in her political career. That's despite lots of speculation that she's considering a 2026 run for governor of California.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Harris has reportedly set a deadline to make that decision by the end of the summer, though she hasn't ruled out another run for president, according to interviews with allies, friends and former aides. If she runs for governor, some political analysts say she would be a frontrunner in what is already a crowded field.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
economic growth dropped dramatically for the first time in three years amid President Trump's aggressive global tariff strategy. The GDP declined by 0.3 percent this past quarter, and if it were to decline again the next quarter, we will officially be in a recession. Consumer confidence has also plummeted to its lowest level since the recession of 1990. It dropped 32 percent since January.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
New York Times White House correspondent Tyler Pager recently spoke about this on Face the Nation.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
If Harris were to enter that governor's race, and if she were to win, it would put her in an interesting position in direct conflict with Trump once again. California has the world's fourth largest economy, and CalMatters reports that Trump's tariffs are projected to impact major California industries like farms, wine, and shipping ports.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Newsom has already filed a lawsuit challenging Trump's authority to unilaterally implement tariffs. And in total, the state has sued Trump 15 times in his first 100 days. Now, let's turn to the bill that's top of mind for every lawmaker as they return to Capitol Hill this week, Trump's spending bill.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Passing it would put the future of Medicaid in question, and it will test the fragile unity of the Republican-led Congress. For Republicans lining up behind the president, it's an ambitious attempt to deliver on Trump's agenda in one sweeping package.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
They want to extend his 2017 tax cuts that are up for renewal, as well as add new exemptions he campaigned on, like his no tax on tips pledge, all while increasing spending for defense and border control. NBC News national politics reporter Sahil Kapoor has been closely following the negotiations over this bill, and he says its scale is matched only by its cost.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Good morning. It's Thursday, May 1st. I'm Yasmeen Khan in for Shamita Basu. This is Apple News Today. On today's show, Kamala Harris delivered her first big speech since the election. How Donald Trump's spending bill is testing Republican unity. And the Supreme Court seems poised to upend the separation of church and state. But first, U.S.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
That price of admission was a commitment to find $1.5 trillion in yearly spending cuts. And Republican lawmakers are now deeply divided on how much to cut, how fast, and where.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Medicaid covers 83 million low-income Americans.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Some of the ideas Republicans are debating involve requiring Medicaid recipients to work at least 80 hours a month to qualify or participate in job training or community service. They're also debating rolling back support for the Medicaid expansion enabled through the Affordable Care Act and excluding non-citizens, a population that is largely already excluded, from coverage, among other options.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
To pass the bill, Republicans will need a simple majority in both chambers, which they have. But in the House, the GOP has just a five-vote advantage, the smallest margin in modern history. And Kapoor says the Republicans he's talking to are entrenched in their camps.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
So where might this all end up? Kapoor gave us his best guess.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
and hiring in April slowed to its lowest pace in nine months. Despite the bleak numbers, Trump defended his tariff policy at a rally in Michigan on Tuesday, where he marked his first 100 days in office.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
During his rally in Michigan this week, Trump issued a warning to any Republicans who might interfere.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Speaker Mike Johnson says House Republicans have until Memorial Day to get the bill passed. Before we let you go, a few other stories we're following. The Trump administration has signed a deal with Ukraine that will give the US access to Ukraine's oil, gas, and rare minerals. It's a deal that Trump has long been pushing for.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Few details are known, including whether it explicitly comes with a guarantee of future American military support for Ukraine. Treasury Secretary Scott Besson said the economic partnership would allow the two countries to work together to invest in Ukraine's future and help facilitate the end of the war. The U.S.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Supreme Court appeared open to allowing the creation of the country's first taxpayer-funded religious charter school, potentially marking a dramatic shift in one of the U.S. 's bedrock principles, the separation of church and state. As Apple News Today reported earlier this week,
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Oklahoma's Republican attorney general sued the state charter school board, saying a contract it awarded to a Catholic school violated state and federal law. The state's conservative-leaning Supreme Court agreed and ordered the contract rescinded. But the U.S. Supreme Court's conservative justices were sympathetic to the school in yesterday's oral arguments.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Justice Kavanaugh told the lawyer representing Oklahoma, quote, when you have a program that's open to all comers except religion, that seems like rank discrimination against religion. Justice Amy Coney Barrett recused herself from the case. Should it result in a 4-4 tie, the lower court's ruling would stand. An update to a story we brought you yesterday.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Mohsen Madawi, a Columbia University student arrested by ICE at what he thought was his final interview before becoming a US citizen, has been freed. A judge in Vermont ruled the government presented no compelling evidence to keep Madawi behind bars.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Madawi, who was born in a refugee camp in the West Bank and is now a lawful permanent resident, was arrested ostensibly for his advocacy on Colombia's campus against Israel's war in Gaza. Madawi will remain free as the government's deportation case against him continues. And finally, have you heard about one of the buzziest movies out right now?
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
It's a vampire film called Sinners, directed by Ryan Coogler and starring Michael B. Jordan, both of Black Panther fame. It's been out for two weeks, and it's on its way to being one of the highest-grossing R-rated films. The movie is set in the town of Clarksdale, Mississippi, so naturally, residents there are excited to check it out. Except there's no theater in Clarksdale.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
The last theater there closed in 2003. One community activist drove 80 miles to see the movie and since started a petition to get a public screening in town for locals. So far, more than a thousand people have signed on. If he gets the screening, he's invited the cast to join. You can find all these stories and more in the Apple News app.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
And if you're already listening in the news app right now, we've got a narrated article coming up next. The Atlantic spoke to President Trump about his second term in office. Compared to his first term, Trump told The Atlantic he's having more fun and feels like he's running, quote, the country and the world.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
If you're listening in the podcast's app, follow Apple News Plus Narrated to find that story. And we'll be back with the news tomorrow.
Apple News Today
Why Nike is a cautionary tale when it comes to tariffs
Trump has repeatedly said that the goal of his tariffs is to move manufacturing back to the United States. But for many American companies, it won't be easy. The Wall Street Journal recently looked at Nike, which for years, even before Trump took office, has tried to move part of its manufacturing out of Asia into North America and automate more of the process.