US EditionTariffs Are Hitting The U.S. Economy Where It Hurts
- U.S. Consumers are showing signs of cutting back on spending amid economic uncertainty.
- Consumers face increased cost of living and brace for potential price increases from tariffs.
- Surveys reveal growing worries about rising inflation and potential unemployment among people.
- Consumers are expressing concern; one noted, "I'm not so sure about these tariffs here."
- Slowing consumer spending, which makes up 68% of GDP, could increase recession risks.
22 Articles
22 Articles
Tariffs are another reason why Americans feel so lousy about the economy
As President Trump opens a new front in his trade war, U.S. consumers are feeling shaky about the economy. And that's beginning to weigh on their spending, raising the threat of an economic slowdown. (Image credit: Spencer Platt/Getty Images)
Trump's new tariffs are poised to hit an already-battered economy
President Donald Trump's tariffs are already straining Americans' finances.Andrew Harnik/Getty ImagesIn February, Trump said Americans would feel "some pain" from tariffs but that it would be worth it.His so-called "Liberation Day" is here with a raft of promised tariffs, and the economy is already flashing yellow warnings.Policy experts say Trump's whiplash tariff policy has put Americans, businesses, and markets on edge.Companies have warned o…
Coverage Details
Bias Distribution
- 53% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
