Reported 23 days ago
A Yahoo Finance/Marist Poll reveals that US consumers are planning to reduce spending this summer due to worries about tariffs affecting their finances. With approximately 80% of respondents concerned about the impact of President Trump's tariffs, many are expected to cut back on entertainment, clothing, and dining out. The apprehension is also reflected in a decline in retail sales and consumer confidence, as a significant portion of the population anticipates negative effects on the economy.
Source: YAHOO