Higher tariffs could keep a stockpile of unused products and fears over Medicaid funding: Morning Rundown

News Snapshot:

In today's newsletter: Companies warn that stores could see empty shelves unless Trump changes his tune on tariffs. Fears that potential Medicaid cuts could impact life-saving treatments. And a polarizing NFL prospect remains on the board for the draft. Here’s what to know today. Product shortages loom with falling shipments from China President Donald Trump’s tariffs first sent stocks on a chaotic ride of steep losses and rallies. Now, retailers are warning that his trade policy is poised to cause pandemic-era product shortages that could see empty shelves at major retailers. Customers shop at Costco in Niantic, Conn., on April...