Tariff Threats and Uncertainty Could Weigh on Consumers, Drag Down U.S. Economy, Government Reports Suggests.

0311

Diamond Member
Joined
Nov 8, 2022
Messages
11,062
Reaction score
10,380
Points
2,138
Location
My Happyi Place
WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.


Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose. On a positive note, inflation cooled, but President Donald Trump’s threats to impose large import taxes on Canada, Mexico, and China -- the United States’ top trading partners -- will likely push prices higher, economists say. Some companies are already planning to raise prices in response.

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at more caution by consumers amid rising economic uncertainty.
 
WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.


Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose. On a positive note, inflation cooled, but President Donald Trump’s threats to impose large import taxes on Canada, Mexico, and China -- the United States’ top trading partners -- will likely push prices higher, economists say. Some companies are already planning to raise prices in response.

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at more caution by consumers amid rising economic uncertainty.
LMAO. When are you morons going to learn that "COULD" doesn't constitute news. If the sun gets too close to the earth, we COULD all fry like a slice of bacon. SMFH. If Joe Biden was returned to office the US economy could return to 30% inflation and $7 gasoline prices.
 
LMAO. When are you morons going to learn that "COULD" doesn't constitute news. If the sun gets too close to the earth, we COULD all fry like a slice of bacon. SMFH. If Joe Biden was returned to office the US economy could return to 30% inflation and $7 gasoline prices.
Monkeys COULD fly out my butt!
 
47 inherited a strong U.S. Economy, one of strongest in years and in the space of just one month he has started to tank it.
Gaslight.gif
 
Republicans Start to Sweat as Trump Takes Ownership of U.S. Economy.


President Donald Trump got elected promising relief for US voters’ pocketbooks. He’s already running into harsh economic reality.

Some Republican lawmakers and CEOs are fretting over sagging consumer sentiment as Trump’s proposed tariffs and federal layoffs stress a system taxed by persistent inflation and a slowing labor market. Stock markets are subdued, and new data shows that people in the US are feeling less optimistic about the economy, with surging expectations of higher prices and fewer jobs.

While GOP leaders — and Trump himself — blame former President Joe Biden for rising prices, thanks to his trio of pricey government stimulus laws, there’s a time limit on that argument. Once Trump fully owns the economy, his party will have to answer for the broader economic effects of his policies.
 
WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.


Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose. On a positive note, inflation cooled, but President Donald Trump’s threats to impose large import taxes on Canada, Mexico, and China -- the United States’ top trading partners -- will likely push prices higher, economists say. Some companies are already planning to raise prices in response.

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at more caution by consumers amid rising economic uncertainty.
Yawn, more WOULDA, COULDA, SHOULDA, MIGHT.
 
Democrats support other countries having tariffs on America but are against America having tariffs on other countries. This is because Democrats are traitors working on a plot to intentionally collapse America.

Democrats = traitors
 
Smart pundits have been sayings this every since Orange Dum Dum returned to his old failed rants.
Anti American PUNDITS have been promoting misinformation since Trump took office, disregarding the fact that Biden levied tariffs during his admin. Seems you're very selective about who you criticize. Truth of the matter is your focus is on ORANGEMAN BAD. LMAO. Shallow.
 
The confidence in rants like yours, C A, is gone.

Now the GOP is going to have to compromise even more on the budget, after the fiasco by Trump and Vance today.

Zelensky knocked Trump down just like Vindmans. He is no match for any Ukranian.
 
The confidence in rants like yours, C A, is gone.

Now the GOP is going to have to compromise even more on the budget, after the fiasco by Trump and Vance today.

Zelensky knocked Trump down just like Vindmans. He is no match for any Ukranian.
Hmmm. Remind me. Where are the Vindmans at this time?
 
WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.


Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose. On a positive note, inflation cooled, but President Donald Trump’s threats to impose large import taxes on Canada, Mexico, and China -- the United States’ top trading partners -- will likely push prices higher, economists say. Some companies are already planning to raise prices in response.

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at more caution by consumers amid rising economic uncertainty.
Government report suggests? Did it ever occur to you that these are just guesses? How'd the inflation is just transitory thing work out for you? Hint: Democrats lost and Trump is now president.
 
The average American doesn't even realize tariffs are in place.
 
Back
Top Bottom