Trump Trade Policies and Federal Cuts Shake Consumer Confidence

Consumer confidence in the US has plummeted due to anxiety over the Trump administration’s trade policies and government cutbacks, with the short-term economic outlook hitting a 12-year low. Tariffs on trading partners are expected to increase inflation, leading to a recent stock market sell-off and decreased consumer spending. Executives are warning of a potential pullback in spending, as uncertainty about tariffs continues to impact consumer sentiment and economic outlook.

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