Consumer Confidence Tanks: Are Trump’s Tariffs to Blame?

Date:

The American consumer is feeling the squeeze—and it’s not just the rising price of eggs (up over 15% last month, thanks to that pesky avian flu). The Conference Board dropped a bombshell today: consumer confidence plummeted to its lowest since August 2021, clocking in at 98.3. That’s a steep fall for the third month running, and economists are pointing fingers at inflation fears and President Trump’s looming tariff threats. Shoppers in New York told us they’re bracing for a trade war that could jack up prices even more. “I’m already skipping the organic aisle,” one said. With the Fed hinting at rate hikes to cool things down, is this the economic storm we’ve been dreading? Stay tuned—your wallet might not like what’s next.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

From Global Glory to a Fight for Life: The Plight of Former Marathoner Beatrice Murugi

KERUGOYA, Kenya — A wave of public concern has...

French Authorities Seize €225M in Cocaine Concealed in Plastic Waste Shipment from Ghana

DUNKIRK, France — French customs officers have intercepted nearly...

Egyptian TV presenter Sarah Khalifa sentenced to death in major drug trafficking case

CAIRO — An Egyptian criminal court on Saturday sentenced...

Gospel legend Bernice Offei found safe after being reported missing in Accra

Veteran Ghanaian gospel musician Bernice Offei has been found...