Consumer News Coronavirus Update 2 Trillion Going To Consumers And Businesses U S Deaths Now Exceed 1 000

Trump’s tariffs will cost global businesses $1.2T this year — but consumers are shouldering most of the burden. What you can do to fight cost creep

U.S. consumers are bearing 55% of the cost burden of tariffs already, according to recent Goldman Sachs data reported by NBC News (5). S&P Global, meanwhile, says that only about one-third of Trump’s ... Read More

Tariffs are starting to bite consumers and businesses, economists say

Trump administration tariffs imposed this year on dozens of nations and a range of industries are fueling inflation, especially for goods that are widely imported into the U.S., a recent analysis ... Read More

Trump tariffs to cost companies $1.2 trillion this year, mostly hitting consumers, study finds

President Trump's tariffs will cost businesses more than $1.2 trillion this year, with most of that cost being passed on to consumers, according to a new study from S&P Global. Why it matters: It's ... Read More

Consumer sentiment slides to near-lowest level on record as government shutdown drags on

Consumer confidence slumps to a three-year low as government shutdown fears grip American households, with sentiment dropping to 50.3 amid economic uncertainty. Read More

U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says

Six months into President Donald Trump’s unprecedented gambit to impose sizable tariffs on imports, U.S. consumers are already shouldering as much as 55% of their costs, according to a new report from ... Read More

Consumer Spending Update: Economic Confidence Declines Again in November

Economic confidence decreased to 98.6 in this month’s Rasmussen Reports Economic Index, more than seven points lower than October. Read More