“Ford Motor is hiking prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following President Donald Trump’s tariffs,” Reuters reports.

“There aren’t shortages of goods in U.S. stores yet, but if the deterioration in global shipping is any indication, they are on the way,” Barrons reports.

“That could complicate the White House’s pleas for Americans to be patient as trade officials rush to strike dozens of deals.”

“The Trump administration’s immigration crackdown is sparking employer worries over workplace raids and staffing challenges, a new survey of executives out Wednesday finds,” Axios reports.

“A drastic reduction in immigration could lead to labor shortages, especially in some critical roles — building houses, taking care of the growing elderly population, or staffing farms and meatpacking plants.”

“There’s the potential for a longer-term slowdown in economic growth, as well.”

“There has been a mantra spreading among weary corporate executives who are becoming resigned to President Trump’s tariffs while still hoping to avoid the worst of their effects: Ten percent is the new zero,” the New York Times reports.

“The statement refers to the 10 percent tariff that Mr. Trump put in place on most U.S. imports one month ago. Such a significant increase in U.S. tariffs would have been unthinkable a few years ago. But it no longer seems like such a big deal, compared with the truly large tariffs that Mr. Trump has already imposed or threatened elsewhere.”