A new survey from the University of Michigan shows consumers souring sharply on the economic outlook as the trade war heats up.
Category: Consumer Behavior
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Inflation Expected to Have Eased in March
Policymakers and economists say the latest data is only a temporary reprieve as tariffs risk stoking higher inflation.
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A Frenzy at Trader Joe’s: ‘Everyone’s Here for the Tote Bags’
For a second year, a limited run of mini canvas tote bags had people waiting in line outside Trader Joe’s stores. At some stores, they sold out in less than an hour.
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Walmart Says Trump’s Tariffs Have Added Uncertainty to Its Outlook
Executives at the largest retailer in the United States acknowledged the new environment, but told investors that they were confident in the company’s strategy.
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Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
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American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
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Investors Recoil From Trump’s Pledge to Remake the Global Economy
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.
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Tempted by Trump’s Tariffs to Panic-Buy? Don’t.
A census of Costco carts on Thursday revealed little fear. Tariffs could go as fast as they’re coming, and our columnist is not stuffing his pantry.
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Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
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In Tokyo, Rice Farmers Protest ‘Misguided’ Rules Fueling Shortages
A scarcity of rice is causing discontent among farmers and consumers in Japan and drawing attention to a policy some say has worsened shortages.
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Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dipped as investors weighed new hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.
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Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.