How Trump’s tariffs affect US economic freedom, and why that matters

How Trump’s tariffs affect US economic freedom, and why that matters

For a moment on April 9, the average U.S. tariff rate leapt to 32%, making American consumers the highest tariffed people in the world. For the next 90 days, the average U.S. tariff rate will be about 25%, which will…

From Optimizing to Sacrificing: Trump Tariffs Push U.S. Consumers to Tighten Their Wallets

A new study by the Kearney Consumer Institute finds that more than half of U.S. shoppers are cutting back due to fear of trade disputes

Roundup: Tariffs from Trump administration overshadows U.S. car dealers, consumers

NEW YORK, Apr. 21 (Xinhua) -- Trump administration's tariffs on imported cars and parts overshadow consumers and dealers at 2025 New York International Auto Show though some consumers' rush to purchase tariff-free automobiles drove up sales in March. Read full story

Trump Tariffs Push US Consumers to Seek Chinese Bargains Online

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Natalie Lung addresses the popularity of Chinese e-commerce sites as a place of solace for tariff-stricken US consumers.

Trump’s Tariffs Push Average Advertised Price Of New Cars Above $50K Again

Cloud Theory is a company that has been tracking pricing data on all of the US since 2018. Automakers and dealers started pulling incentives and discounts in February, fearing Trump’s tariffs. Once implemented, advertised prices rose and are likely to keep rising unless something changes On December 7, 2024, the average advertised price of new cars was $50,030. Since that date, it had dropped below $50k, which obviously was good news for buyers.…

US consumer outlook readings plummet as market turmoil hits upper-income Americans—Bain/Dynata Consumer Health Indexes

The outlook for upper-income American consumers' future spending has plunged in the face of the recent tariff-induced turmoil in equity markets threatening to trigger significant contractionary pressures in the US economy, the latest results of the Bain & Company/Dynata Consumer Health Indexes show. The Consumer Health Indexes' outlook score for upper-income Americans plummeted in April by 11.8 points to 88.6, succumbing to its sharpest ever dro…