How Tariffs May Impact Labor Market, Stocks and Your 401K | Breaking Down Women's Final Four Matchups in Tampa

Some farmers fear the trade war from President Trump's tariffs could put them out of business. John Boyd Jr., a fourth-generation farmer in Virginia, says the price of corn, wheat and soybeans, which are controlled by the markets, have tanked. He is concerned the tariffs could be a long-term issue for American farmers. Stellantis, the company that makes Jeep, Chrysler, Dodge and Ram trucks, said it's temporarily laying off 900 workers in the Midwest as President Trump's 25% tariff on foreign cars and parts takes effect. CBS News' Lana Zak spoke to workers impacted. CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets. In the women's Final Four, defending champs South Carolina will take on Texas, who is making its first Final Four appearance in more than 20 years. Meanwhile, 11-time national champion UConn is up against first-time Final Four team UCLA. The women's Final Four tips off Friday in Tampa with some powerhouse matchups. South Carolina will take on Texas, while UCLA battles UConn. Las Vegas Aces star and three-time WNBA MVP A'ja Wilson joins "CBS Mornings" to break down the games. CBS Sports analyst and former UConn star Renee Montgomery talks about Final Four pressure, coaching legends Geno Auriemma and Dawn Staley, and her picks for both the men's and women's tournaments. As March Madness nears its end, fans are getting together to watch the Final Four games, while also keeping an eye on their wallets. The cost of favorites like cookies, soft drinks and chicken breasts are down from last year. Meanwhile, prices for ground beef and malt beverages, including beer, have all gone up. CBS News' Nancy Chen has a guide on how to save. Former NASA astronaut Peggy Whitson, who has completed 10 spacewalks and spent 675 days in orbit, joins "CBS Mornings" to reflect on her historic career and upcoming induction into the Hall of Fame. "CBS Saturday Morning" co-host Dana Jacobson heads to Tampa, where locals discuss the origins of the Cuban sandwich. The city's culinary pride is on full display during the Women's Final Four weekend. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices