
Target is the latest company to roll back some DEI programs
CNN
Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access.
Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access. Target said in a statement Friday that it will end its three-year diversity, equity and inclusion goals. In 2022, the company said that those goals included ensuring “equitable access to career advancement” and “equitable business decisions that increase relevance with diverse guests and support economic inclusivity.” Target had also committed in 2020 to expand Black representation at the company by 20%. But Target and other companies are dialing back their commitments to expand representation to diverse groups in response to pressure from right-wing activists, lawsuits from conservative legal groups, demand from conservative-leaning customers and other factors. Target also said Friday that it will stop participating in all external diversity-focused surveys, including a popular one from the Human Rights Campaign, an LGBTQ advocacy group. And it is “further evaluating” corporate partnerships and changing its “supplier diversity” team to “supplier engagement.” How significant these changes are and the impact they will have is not fully clear, and Target said that it remained committed to creating a “sense of belonging” for its employees and customers “through a commitment to inclusion.” “We recruit and retain team members who represent the communities we serve and fuel a culture where everyone has access to opportunity and growth,” Target said in the statement.

President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers as America works out new trade agreements around the globe.

If paying $1,000 for a new iPhone already sounded expensive, consumers should brace for even greater sticker shock later this year. President Donald Trump’s tariffs on foreign goods – specifically those sourced from China – are expected to heighten the prices of everyday tech products, from iPhones to laptops, cars and even smaller gadgets like headphones and computer mice.

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.