Panasonic’s Megan Myungwon Lee wants half her EV battery supply chain inside North America by 2030 

• In today’s CEO Daily: Diane Brady talks to Panasonic North America CEO Megan Myungwon Lee. 
• The big story: New tariffs on the EU and Mexico.
• The markets: Cooling off from all-time highs.
• Analyst notes from Wedbush on AI usage and equities, and Goldman Sachs on home price appreciation.
• Plus: All the news and watercooler chat from Fortune.

Good Morning. Panasonic will open its $4 billion EV battery plant in De Soto, Kansas, today.