Marketplace Morning Report

A day after lowering tariffs on some agricultural and manufacturing machinery, the Trump administration is proposing new tariffs on 60 countries, including major trading partners. President Donald Trump has been seeking to rebuild its global tariffs after the Supreme Court struck down many in February. Then, we'll dig into Big Tech's spending spree on AI infrastructure. And after, figure skating is having its biggest moment in decades. Can it last?

At Nadine’s Hair Braiding, located in suburban Maryland, customers can walk in at 2 p.m. or 2 a.m. and find a stylist. The 10,000-square-foot salon operates with roughly 400 braiders working as independent contractors and serves hundreds of clients a day. Today, we're visiting the salon to learn about the challenges — and successes — of running such a huge operation. Also: why President Trump is reducing tariffs on certain large machinery, and how remote work could be sidelining younger workers.

It’s been about four months since President Donald Trump threatened sanctions against countries supplying much-needed oil to Cuba. The country's economy is already struggling with shortages, inflation, rolling blackouts, and the longstanding U.S. embargo. This morning, we'll hear from a sociologist and retired professor at the University of Havana who's lived through nearly every major chapter of Cuba’s modern economy — from the rise of Fidel Castro to the current economic crisis. But first, there's a modern gold rush (but this time for uranium).

Former Federal Reserve Chair Jerome Powell accepted the Profile in Courage award last night. Today, we'll delve into the role of the central bank, its current controversies, and signals from new Fed Chair Kevin Warsh. Then, there's another potential wrinkle in the tariff refund process. And later, who’s underrepresented when it comes to shaping AI policy? A new mapping tool aims to boost transparency over the future of AI.

Dollar General reports earnings tomorrow. The company already saw its stock jump last week after one of its rivals, Dollar Tree, reported a great first quarter. This hints at a growing demand for deals from consumers across the income spectrum who are feeling pinched by inflation. Then, we chat with the creators of an interactive map, which shows users the different companies and people who are shaping AI regulation across the U.S.