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Consumer Confidence Soars Amid U.S.-China Tariff Agreement

5/28/2025

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Consumers Regain Confidence

In May, U.S. consumer confidence surged over 12 points, breaking a five-month slump, fueled by a U.S.-China tariff agreement that promises relief. However, lingering fears of rising prices and recession risks keep many consumers on edge, as the expectations index remains below a crucial level.

Center

Voters Oppose Tariffs

Memorial Day cookouts are set to cost more this year as tariffs from the Trump administration drive up food and beer prices. A recent poll in Detroit shows that 21.5% of Michigan voters are feeling the pinch, with many expressing opposition to these tariffs. Political views play a crucial role in shaping opinions on their economic impact.

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Consumers Regain Confidence

In May, U.S. consumer confidence surged over 12 points, breaking a five-month slump, fueled by a U.S.-China tariff agreement that promises relief. However, lingering fears of rising prices and recession risks keep many consumers on edge, as the expectations index remains below a crucial level.

1 / 2