Gloomy retail earnings show consumers are feeling the pinch of US tariffs
9 Articles
9 Articles
Gloomy retail earnings show consumers are feeling the pinch of US tariffs
By Sruthi Shankar (Reuters) -Lackluster quarterly results from consumer-facing companies including McDonald’s and Harley-Davidson are the latest sign that American shoppers are curbing spending amid shifting U.S. trade policies. McDonald’s posted a surprise decline in quarterly global sales on Thursday and said it was navigating the “toughest of market conditions”. It echoed recent warnings from restaurant operators Domino’s Pizza, Chipotle Mexi…
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