you The American economy is starting to shake under the weight of President Trump's tariff chaos.
So your answer to the concern about the tariffs is everything's going to be hunky-dory?
Everything's going to be just fine.
And it's not just the stock market anymore.
The national economy, we learned today, shrank in the first quarter of this year.
Down three-tenths of a percent.
We haven't had a negative number since first quarter of 22.
If it shrinks in the second, that's the dictionary definition of a recession, folks.
Chinese exports to the U.S. are plunging.
Keep your third eye open for shortages.
And around the country, tariff layoffs are underway.
Major layoffs for UPS.
By next month, 20,000 workers will lose their job.
And that's on top of several facilities set to close.
All of this, says the press, to bring manufacturing back to the U.S.
Except, as we're going to hear, the tariff layoffs are hitting manufacturing now, too.
Coming up on Today Explained, we take a trip.
Everything's going to be just fine.
This week on A Touch More, we are live at Deep Blue's Business of Women's Sports Summit.
Our special guest is Chelsea Clinton,