Economy News: Consumers cut spending on cars and restaurants as tariffs kicked in. Trade wars weigh on economy.

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Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 27 June 2025; Created: 27 June 2025; Last Updated: 27 June 2025

Americans cut spending in May after buying lots of new cars and other goods earlier in the year to beat U.S. tariffs, underscoring how ongoing trade wars are disrupting the economy. Personal spending ...
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Posted: 2025-06-27 07:08:00

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