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US consumer sentiment tumbles as trade war fears grow | Business and Economy

11 April 2025
in World
US consumer sentiment tumbles as trade war fears grow | Business and Economy
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In April, U.S. consumer sentiment fell for the fourth consecutive month, dropping 11 percent to 50.8, the lowest since the COVID-19 pandemic, largely due to President Trump’s escalating trade wars and rising inflation concerns. The sentiment decline was widespread across demographics, with 67 percent of respondents criticizing the government’s handling of inflation and unemployment. As inflation expectations rise and economic instability looms, analysts warn the U.S. may be on the cusp of a recession, with significant impacts on consumer confidence and financial markets.

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Tags: BusinessBusiness and EconomyConsumerDonald TrumpEconomyFearsgrowInflationInternational tradesentimentTaxtradeTrade WartumblesUnited StatesUS & CanadaWar
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