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Trump's Tariffs Shift Consumer Spending Patterns in 2025

6/3/2025

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Story summary
  • In 2025, U.S. tariffs under President Trump are affecting consumer spending, with 76% of Americans aware of them.
  • Many consumers intend to keep their purchasing habits steady, especially for clothing and electronics.
  • GDP data indicates a slight decline in consumer spending, contrasted by a significant rise in business spending.
  • Tariffs have prompted consumers to be more cautious, leading to reduced leisure activities and shopping.